Skip First Level Navigation | Skip All Navigation

Home > FAQ's > Quality Child Care Investment Tax Credit FAQ's > FAQ Detail

08. Do financial institutions taxed under § 5206 qualify for the credit? Do flow-through entities (if so, what credit base is used)? Do insurance companies qualify?

Financial institutions and flow-through entities qualify for the credit under the corporate provisions relating to the qualifying portion. Insurance companies subject to the insurance premiums tax do not qualify for the credit because of the absence of any legislation allowing the credit.