The tax credit may be used: to obtain a refund of state sales and use taxes paid; against the income tax liability of the taxpayer; or as a refundable credit claimed on the income tax return of the taxpayer.
Tax Credits Approved
Year |
Income Tax |
Sales and Use |
2009 |
$2,317,564 |
$ 0 |
2008 |
2,132,705 |
0 |
2007 |
69,320 |
0 |
2006 |
0 |
0 |
Total |
$4,523,125 |
$ 0 |
*Please note: Income Tax Credits reported are the total approved for the program and may not be been used by the taxpayer as of December 31.