Research Activities Credit

Iowa sets itself apart, being one of only a few states to offer a refundable research activities credit. Iowa companies earn refundable tax credits for research and development investments that may be paid directly in cash to the company once its tax liabilities have been met. A company must meet the qualifications of the Federal Research Activities Credit in order to be eligible for the credit in Iowa. Supplemental Research Activities Credits are available through the High Quality Jobs programs.  Further information on Iowa's leadership in research and development can be found in the Resources area at the bottom of this page.

To Learn More:

Phone: 515.725.3134
businessfinance@iowa.gov