Journal Article Angel Investor Tax Credits
Norton Francis
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High net worth investors can reduce the cost of an investment in 29 states by claiming an "angel investor" tax credit. In most states, the credit is worth more than 25 percent of the investments and can be transferred to another taxpayer if it exceeds the investor's liability. States hope the credit will develop high tech clusters and generate economic activity.
Research Areas Taxes and budgets State and local finance
Tags State and local tax issues
Policy Centers Urban-Brookings Tax Policy Center