Title: Alternative Energy and Energy Conservation Patent Exemption (Corporate) Industry Recruitment/Support
Details:
The Alternative Energy and Energy Conservation Patent Exemption (Corporate) Industry Recruitment/Support is a Commercial program for those who have energy efficient improvements made with the following: Solar Space Heat, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaic, Wind, Biomass, Hydroelectric, Geothermal Electric, Fuel Cells, Geothermal Heat Pumps, Municipal Solid Waste, Passive Solar Space Heat, and Solar Water Heat. The program offers up a 100% excise tax deduction. The following legislation setup this program: MGL ch. 62, § 2(a)(2)(G). For more details use the following links and contact below:
http://www.state.ma.us/doer/programs/renew/renew.htm#taxcred
Contact for more information:
Tax Information
Massachusetts Department of Revenue
P.O. Box 701
Boston, MA 02204
Phone: (800) 392-6089
Web Site: http://www.dor.state.ma.us
