Statutes > Iowa Statutes > Title 10 - Financial Resources > Subtitle 1 - Revenues and Financial Management > CHAPTER 422 - INDIVIDUAL INCOME, CORPORATE, AND FRANCHISE TAXES > 422.11F - INVESTMENT TAX CREDITS.

422.11F - INVESTMENT TAX CREDITS.

        422.11F  INVESTMENT TAX CREDITS.         1.  The taxes imposed under this division, less the credits      allowed under section 422.12, shall be reduced by an investment tax      credit authorized pursuant to section 15E.43 for an investment in a      qualifying business or a community-based seed capital fund.         2.  The taxes imposed under this division, less the credits      allowed under section 422.12, shall be reduced by investment tax      credits authorized pursuant to sections 15.333 and 15E.193B,      subsection 6.
         Section History: Recent Form
         2002 Acts, ch 1006, §7, 13; 2006 Acts, ch 1158, §19; 2007 Acts, ch      161, §7, 22         Referred to in § 422.5, 422.16
         Footnotes
         2007 amendment to this section takes effect May 15, 2007, and      applies retroactively to January 1, 2007, for tax years beginning on      or after that date; 2007 Acts, ch 161, §22