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tax credits

A new report shows that the number of companies receiving angel investor state tax credits went up from 2011 to 2012, an indication that an increasing number of wealthy individuals are playing a role in helping develop Louisiana businesses.

The number of companies that received the tax credits went from 13 in 2010 to 21 in 2012, according to the Louisiana Venture and Angel Capital Report released Friday by Graffagnini + Associates, a New Orleans law firm.

To read the full, original article click on this link: More companies getting angel investor tax credits | Business | The Advocate — Baton Rouge, LA