Black Line Group Assisting the Cause to Make the MN R&D Tax Credit Refundable Again

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Scott Schmidt, Principal with Black Line Group, testified in front of the Minnesota House Tax Committee on 1-22-15 to make the MN R&D Tax Credit refundable (HF 61).  Scott commented that “when the Minnesota R&D Tax Credit was made refundable in 2010-2012, it was one of the best state credits in the country.  But after eliminating that feature starting in 2012, the credit was average at best, with many states having better state R&D Tax Credits”.  Click Here to listen to audio recording and go to minute 56.


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