Research and Development Tax Credit

Nashua has always been a place where new ideas are rewarded. Nashua firms of all sizes are eligible to apply for the New Hampshire Research and Development tax credit.

The Research & Development Tax Credit program is available to business organizations that have expenditures made during the fiscal year for qualified manufacturing research and development. Qualified expenditures include wages paid to employees of the business organization for services rendered in New Hampshire which qualify and are reported as a credit by the business organization under section 41 of the Internal Revenue Code.

More information about the program can be found here.

The R&D Tax Credit Application can be downloaded here.