- Associated Press - Tuesday, September 1, 2015

CONCORD, N.H. (AP) - Gov. Maggie Hassan says 184 New Hampshire businesses have received tax credits this year as part of the state’s research and development tax credit program.

Hassan said the program has helped hundreds of businesses grow since 2008, and it was expanded in 2013. Last year, 166 companies received the tax credit.

Department of Revenue Administration Commissioner John Beardmore said for the third year in a row, 75 of the companies receiving the tax credit reported less than $500,000 of qualified wages.

The tax credit is available to businesses with expenditures during the fiscal year for qualified manufacturing research and development, based upon wages paid to employees for services rendered in New Hampshire that qualify and are reported as a credit by the business organization.

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