N.Y. Comp. Codes R. & Regs. tit. 5 § 260.9
Current through Register Vol. 46, No. 43, October 23, 2024
The tax credit established in this Part shall be refundable as provided in article 9-A or 22 of the Tax Law. If a life sciences research and development company fails to satisfy the eligibility criteria it will lose the ability to claim credit for that year.
N.Y. Comp. Codes R. & Regs. Tit. 5 § 260.9