Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

May 23, 2016

Angel investor tax credit extended

By Greg Bordonaro

Connecticut's angel investor tax credit, which was set to expire July 1, has been extended by three years, through July 1, 2019.

State lawmakers approved the extension as part of their $19.76 billion budget hatched recently in special session.

The credit, which is available through the state's quasi-public venture arm Connecticut Innovations Inc., applies against the personal income tax and equals 25 percent of the amount taxpayers invest in technology-based businesses, up to $250,000.

State law also allows investors to sell, assign or transfer all or part of the credit to other taxpayers.

Read more

CT sees higher interest in bioscience investment

Biotech boosts CT’s 2Q venture funding

Startup leverages mobile tech for home care

Don’t bring a business plan to investors

CT backs CaroGen’s quest to fight cancer, hepatitis B

Why Whole Foods CEO envies Trader Joe’s

Sign up for Enews

Most Recent

Most Recent

Related Content

Thumbnail CT Innovations invests nearly $49M in early-stage companies in FY24
Thumbnail CT Innovations invested $12.6M in early-stage companies during first 3 months of 2024
Thumbnail State auditors say CT Innovations fails to verify jobs created via incentives
Thumbnail CT Innovations invested $19.4M in early-stage companies in FY25 1Q

0 Comments

Order a PDF