Pennsylvania BFR Grants Taxpayer’s Research, Development Tax Credit Petition

The Pennsylvania Board of Finance and Revenue (BFR) issued a decision granting taxpayer a research and development tax credit for 2020. The dispute centered around whether taxpayer could claim a credit passed through from a company. The Board concluded that even though taxpayer is an individual, he is entitled to the claimed credit. [Pa. Bd. of Fin. & Revenue, Decision No. 2401207, 01/30/25]

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