AUGUSTA, Maine — A new law in Maine will provide tax credits for new venture or "seed" capital investment.
The law will increase the Maine Seed Capital Tax Credit Program from 40 to 60 percent and also create a refundable 50 percent tax credit for venture capital funds making eligible investments.
The bill was passed unanimously before being signed into law earlier this month by Gov. Paul LePage. It becomes effective Sept. 28.
To read the full, original article click on this link: Law gives Maine tax credits for new venture or 'seed' capital investments | The Republic
