Connecticut offers over 30 tax credits for actions ranging from donating money to affordable housing programs to investing in fledgling high technology businesses. Some apply to money or assets businesses donate for public or charitable purposes, such as the Neighborhood Assistance tax credit. Most credits apply to one or more business taxes; a few apply to the personal income tax.
The report groups the credits by purpose and summarizes them in tables for each group.
The groups of tax credit programs are:
- Fixed Capital Investments
- Contributions and Donations
- Energy Conservation and Environmental Protection
- Human Capital Investment
- Real Estate Development
- Research and Development
- Targeted Area Development
- Targeted Industries Development
- Venture Capital Investments
For more information, read the full report.
