tax credit program

The tax credits are applied against any or all three of the business profits, business enterprise, or insurance premium taxes. 75% of every dollar contributed to the REDC center will be offset by a reduction in the amount of state taxes owed by the contributing business. The remaining 25% of the donation may be taken as a charitable donation on the Federal return. Generally, each $1,000 of the donation ends up costing a participating company only $150 - a tremendous bang for every donation dollar.

REDC relies on businesses like yours as we help new and expanding businesses succeed. The REDC Center is vital to our mission of job creation, broadening the tax base and improving quality of life in southern New Hampshire.

Donor Tax Credit Program Information

NH Business Tax Calculator

Tax Benefit Illustration

Pledge Agreement