Friday, August 26, 2011

Angel investors push for California tax credits

A group of angel investors is urging state legislators to offer tax credits on investments, claiming California is missing out on startups lured away by other states’ incentives.
Twenty-six other states offer angel investment tax credits and nine states have no income tax at all, said Sarosh Kumana, a spokesman for Technology Angel Investors of California. The group is leading the charge to convince California legislators to implement a program of their own.

No comments:

Post a Comment