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Posted January 31. 2013 1:49PM

N.H.’s R&D Tax Credit explained

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Thursday, the New Hampshire Senate will vote on a bill that would increase the state’s research and development tax credit funding from $1 million to $2 million beginning this year. Last year, 111 qualifying businesses shared that $1 million – so that the 58 businesses who qualified for the maximum credit of $50,000 received $12,065 each.