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Post details: Massachusetts --Multiple Taxes: Life Sciences Company Incentives Enacted'
06/20/08
Massachusetts --Multiple Taxes: Life Sciences Company Incentives Enacted'
CCH (cch.taxgroup.com) reports:
Recently enacted legislation provides tax credits and incentives for investment in the life science industry applicable to the Massachusetts corporate excise, personal income, and sales and use taxes. For purposes of this enactment, "life sciences" is defined as advanced and applied sciences, including but not limited to regenerative medicine, biotechnology, biopharmaceuticals, nanotechnology, and medical devices.
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