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MASSACHUSETTS. INVESTMENT TAX CREDIT (ITC): Offers a 3 percent credit for qualifying businesses against their Massachusetts corporate excise tax. To be eligible, an organization must be a non-profit or for-profit business in Massachusetts that has been in existence for at least five years and demonstrates an ability to repay the loan.
MASSACHUSETTS. INVESTMENT TAX CREDIT (ITC): Offers a 3 percent credit for qualifying businesses against their Massachusetts corporate excise tax. It is available to any foreign or domestic corporation subject to the corporate excise under Chapter 63 Massachusetts Law. approved Investment Tax Credits of up to 10 percent.
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