Thursday, April 6, 2017

Bill to adjust cybersecurity tax credit would award investors, not companies

Maryland legislators want to give the state’s cybersecurity investment tax credits to investors instead of the companies themselves. A bill that was passed unanimously in the Senate calls for adjustments to an existing statute that gives tax incentives for investments in certain Maryland cybersecurity companies. The three-year-old tax credit program provides for a refundable tax credit for 33 percent of the investment in a qualified company, not to exceed $250,000. Previously, that credit would…



from http://www.bizjournals.com/baltimore/news/2017/04/06/bill-to-adjust-cybersecurity-tax-credit-would.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/159261576662

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