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Office of State Tax Commissioner, Ryan Rauschenberger : State of North Dakota
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600 E. Boulevard Ave.
  Bismarck, ND 58505-0599
  328.7088 phone
  701.328.3700 fax
  877.328.7088 toll-free

Income Tax Incentives

Ag Commodity Processing Facility Investment Tax Credit
Automation Credit
Biodiesel Tax Credits
Biomass, Geothermal, Solar, or Wind Energy Credit
Certified Nonprofit Development Corporation Investment Credit
Internship Employment Credit
Microbusiness Investment and Employment Credit
Research Expense Credit
Seed Capital Investment Credit
Wage & Salary Credit
Workforce Recruitment Credit

Angel Fund Investment Credit

An individual, estate, trust, partnership, corporation, or limited liability company is allowed an income tax credit for investing in an angel fund in North Dakota certified by the Department of Commerce Division of Economic Development and Finance.

The credit is equal to 45% of the investment, up to a maximum credit of $45,000 per year. An unused credit may be carried forward up to seven tax years. A taxpayer claiming this credit may not claim an income tax credit passed through to the taxpayer by the angel fund resulting from the angel fund's investment in a qualified business for purposes of the seed capital or agricultural commodity processing facility investment tax credit programs.

Lifetime credit limit. For credits based on investments made on or after January 1, 2013, a taxpayer is allowed no more than $500,000 in cumulative credits over the taxpayer's lifetime. Married individuals are treated as one taxpayer for this limit.

See the following links for more information:


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