Glossary

Small Port Expansion Credit aids businesses expanding small ports. Learn about its purpose, benefits, compliance needs, and consequences for non-compliance.

The Regional Disaster Recovery Credit is a tax relief measure designed to help individuals and businesses recover financially from regional disasters.

The State Agricultural Sustainability Credit is a tax incentive designed to promote environmentally friendly farming practices by providing financial benefits to eligible agricultural entities.

The Logistics Infrastructure Development Credit is a tax incentive aimed at promoting investments in infrastructure projects. It facilitates economic growth by reducing tax liabilities for qualifying investments.

The International Trade Incentive Credit is a tax provision designed to encourage businesses to engage in international trade by offering various tax benefits. It promotes economic activity and competitiveness in the global market.

The Veterans Workforce Retention Credit offers tax incentives to employers who hire and retain veterans. It encourages veteran employment and provides financial benefits to businesses.

The Minority-Owned Business Development Credit is a tax incentive designed to support businesses owned by minority groups. It encourages economic growth and offers tax relief.

The Healthcare Technology Innovation Credit provides tax incentives to businesses developing innovative healthcare technologies, promoting growth and advancement in the sector.

The Robotics Manufacturing Credit is a tax incentive aimed to encourage investment in advanced robotics and automation technologies within manufacturing industries.

The AI Research and Development Tax Credit helps companies offset costs associated with developing new AI technologies, fostering innovation and growth in the tech industry.