Summary: Senator Mark Pryor has introduced legislation that would give angel investors in qualifying small businesses (broadly defined) a federal income tax credit equal to 25% of the amount invested. You can find the text of the proposed legislation here and quoted in full below.
Senator Pryor’s bill is a great idea. However, there are certain things about it that I would suggest changing.
To read the full, original article click on this link: Startup America Suggestion of the Day: Angel Investment Tax Credits (Installment 10) | Davis Wright Tremaine LLP - JDSupra
Author: Davis Wright Tremaine LLP