1. (a) A business organization qualified for the credit under RSA 162-L:10 shall be allowed a credit against its business profit tax liability for the amount available based on its contributions.

2. (b) Any amount of the investment tax credit applied first against the business enterprise tax shall be considered:

   1. (1) Business enterprise tax paid; and
   2. (2) Not available as a credit against the business profits tax except to the extent that it is a credit against the business enterprise tax.
3. (c) A copy of the credit awarded from the New Hampshire community development finance authority shall be attached to the tax return.

Source. #4192, eff 12-23-86; ss by #5490, eff 10-19-92; ss by #6853, eff 9-23-98; ss by #8709, eff 8-25-06; ss by #10758, eff 1-16-15; ss by #14231, eff 4-3-25, EXPIRES 4-3-35