Conn. Agencies Regs. § 17-615-7
Current through October 16, 2024
The Child Day Care Center Tax Credit program provides financial incentives to business firms for the establishment of facilities for child day care. Business firms may receive tax credits for planning, site preparation, construction, renovation or acquisition of child care facilities. Any equipment purchased or installed for permanent use within or adjacent to the facility (i.e., playground or kitchen equipment or appliances) may also be eligible for credit. The maximum tax credit shall be forty percent (40%) of expenditures, not to exceed $20,000 per income year.
Conn. Agencies Regs. § 17-615-7