§ 2070. Amount of credit and applicable procedures.
§ 2070. Amount of credit and applicable procedures. (a) Credit calculation. — (1) General rule. — A taxpayer may elect a Delaware research and development tax credit for the taxable year equal to: (1) 10% of the excess of the taxpayer’s total Delaware qualified research and development expenses for the taxable year over the taxpayer’s […]
§ 2096. Reconsideration.
§ 2096. Reconsideration. Where any applicant for a new business finder’s fee tax credit pursuant to this subchapter objects to any determination by the Director, such applicant shall be entitled to a reconsideration of such decision by the Director or the Director’s designee. Such request shall be filed with the Director within 60 days from […]
§ 2071. Application of Internal Revenue Code.
§ 2071. Application of Internal Revenue Code. Any term used in this subchapter shall have the same meaning as when used in a comparable context in the Internal Revenue laws of the United States, unless a different meaning is clearly required or unless any provision of this subchapter ascribes a different meaning to such term. […]
§ 2097. Limitations on credits.
§ 2097. Limitations on credits. (a) The aggregate amount of such tax credits approved for all sponsor and new business firms shall not exceed $3,000,000 in any state fiscal year. (b) The Director shall ensure that each application has the date and time of submission recorded. Credits will be awarded in chronological order based upon […]
§ 2040. Credit against corporation income tax for clean energy technology device manufacturers.
§ 2040. Credit against corporation income tax for clean energy technology device manufacturers. (a) In the case of any taxpayer that: (1) Places in service a qualified facility in which the taxpayer is engaged in clean energy technology device manufacturing, as defined in § 2010(24) of this title; and (2) Otherwise satisfies the requirements contained […]
§ 2051. Declaration of purpose [Suspended beginning in Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271].
§ 2051. Declaration of purpose [Suspended beginning in Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271]. The purpose of this subchapter shall be to mitigate traffic congestion associated with state employees’ commuting to and from the work place, and to facilitate compliance with the requirements of the Clean Air Act [42 U.S.C. § […]
§ 2052. Definitions [Suspended beginning Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271].
§ 2052. Definitions [Suspended beginning Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271]. (a) “Commuter benefits” means incentives including monetary incentives, provided by the employer to the employee in conjunction with an approved traffic plan. (b) “Department” shall mean the Department of Transportation and its several divisions, agencies, authorities and administrations as appropriate. […]
§ 2053. Agency plans [Suspended beginning Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271].
§ 2053. Agency plans [Suspended beginning Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271]. Each state agency shall develop and submit for review by the Department a plan to reduce work-related vehicle trips and miles traveled by employees. If submitting an individual plan is not practical because of the state agency’s location or […]
§ 2054. Department review of plans [Suspended beginning in Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271].
§ 2054. Department review of plans [Suspended beginning in Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271]. The Department shall review plans required by § 2053 of this title and submitted by state agencies for conformity with the rules and regulations promulgated by the Secretary pursuant to § 2055 of this title and […]
§ 2055. Rules and regulations [Suspended beginning in Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271].
§ 2055. Rules and regulations [Suspended beginning in Fiscal Year 2013; see 83 Del. Laws, c. 351, § 271]. The Secretary shall prescribe such rules and regulations as the Secretary may deem necessary to carry out the purpose of this subchapter including but not limited to regulations concerning the submittal of plans, guidelines for reviewing plans […]