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NH TAX CREDIT FOR

DONATION OF
PROPERTY, TRAINING, COMPENSATION TO CTE CENTERS

NH RSA 188-E:9-a (2019) allows businesses to take a tax write off against their NH business taxes. There is a state cap to the total limit. There are three types of charitable donations which can be accepted:

  • Up to 50 percent of the cost of apprenticeship and training programs offered by the regional CTE center, including the compensation of employees in direct supervision and training of students in a CTE center program.
  • Up to 50 percent of the salary paid to interns, apprentices, and trainees enrolled in a CTE center program.
  • Tangible personal property for a related use by an educational program offered by the regional CTE center.

Please work with our office to proceed. Thanks in advance.