§ 44-30-23 Extended credits. – If the allowable credit exceeds the taxes due on the developer's income, theamount of the claim not used as an offset against the income taxes of thattaxable year may be carried forward as a credit against subsequent income taxliability. The provision may not exceed five (5) years from the tax year inwhich the first credit was applied.
§ 44-30-23 Extended credits. – If the allowable credit exceeds the taxes due on the developer's income, theamount of the claim not used as an offset against the income taxes of thattaxable year may be carried forward as a credit against subsequent income taxliability. The provision may not exceed five (5) years from the tax year inwhich the first credit was applied.
§ 44-30-23 Extended credits. – If the allowable credit exceeds the taxes due on the developer's income, theamount of the claim not used as an offset against the income taxes of thattaxable year may be carried forward as a credit against subsequent income taxliability. The provision may not exceed five (5) years from the tax year inwhich the first credit was applied.
