New Limitation to D.C. High Technology Tax Incentives (QHTC)

Share Button

The D.C. Council recently enacted legislation that will result in a number of D.C. taxpayers no longer qualifying for certain high technology tax incentives. On October 10, 2014, the Council narrowed the definition of “Qualified High Technology Company” (QHTC) with an amendment to the District’s Fiscal Year 2015 Budget Support Congressional Review Emergency Act of 2014 (20-449). The amendment, which is expected to be made permanent by Congress, says that a company must lease or own an office in the district to qualify.

Under the old QHTC definition, a company could qualify for the incentives by either maintaining an …read more

Read more here:: Tax

About Aronson LLC

Aronson LLC has written 576 post in this blog.

Aronson LLC has been thinking ahead for its clients for more than 50 years. Aronson’s construction, real estate, government contracting, nonprofit, technology and private industry experts provide innovative audit, tax, and consulting services that help its clients move to the next level. From start-up to exit strategy, Aronson works with companies throughout the entire business lifecycle by proactively identifying opportunities and addressing challenges so that clients are able to focus on their core business. Aronson shows companies how to rethink everything to be more profitable, more competitive and better prepared for the future.

Share Button