Qualified Equity and Subordinated Debt Investments Tax Credit; Qualified Businesses
Purpose of legislation
Modify the Qualified Equity and Subordinated Debt Investment Tax Credit to allow a tax credit for individuals or corporations for investments in businesses related to advanced computing, advanced materials, advanced manufacturing, agricultural technologies, biotechnology, electronic device technology, energy, environmental technology, medical device technology, nanotechnology, or any similar technology-related field.
|Legislation mandating a change||Chap 853 (2009)|
|VAC chapters to be amended||
23 vac 10 - 110 : Individual Income Tax
|Associated Regulatory Actions||No regulatory action has been filed.|