Vermont Department of Taxes
Administers Vermont tax credits and incentives that support business investment and local economic development.
United Statestax.vermont.gov
Annual funding—
Programs1
Active grants0
Total grants1
About
The Vermont Department of Taxes administers Vermont's state tax laws, including a small portfolio of business tax credits designed to encourage economic activity in the state. Its primary instrument relevant to innovative companies is the Vermont Research and Development Tax Credit (32 V.S.A. § 5930ii), which offsets state corporate or personal income tax for companies that already qualify for the…