猫咪社区官网 Education Tax Credit

Industry-driven investment in the University of 猫咪社区官网

The Education Tax Credit was established in 1987 to encourage 猫咪社区官网 businesses to invest in 猫咪社区官网鈥檚 educational institutions. The credit is a partnership that provides mutual benefit for industry, the 猫咪社区官网, and the State of 猫咪社区官网. If a business owes the State of 猫咪社区官网 a tax liability and it makes a contribution to a qualified educational institution, it may be eligible for a credit against state taxes.

These taxes include:

  • Corporate Income Tax
  • Fisheries Business Tax
  • Fishery Resource Landing Tax
  • Insurance Premium/Title Tax
  • Mining License Tax
  • Oil and Gas Production Tax
  • Oil and Gas Property Tax

The Education Tax Credit provides a significant public benefit for 猫咪社区官网 by incentivizing private companies to invest in education. This strengthens 猫咪社区官网 partnership with important state industries including seafood, mining, banking, tourism and energy. The credit pairs the needs of the private sector with the work of educational institutions, enhancing workforce development, funding research, and providing the 猫咪社区官网 with diverse sources of revenue. 

 

For more information about the Education Tax Credit and how you can make an impact at UA, please contact the University of 猫咪社区官网 Foundation.