|Organization:||Executive Office of Energy and Environmental Affairs|
MGL c. 62 § 6(w)
MGL c. 63 § 38II
|Official Version:||Purchase the original version|
301 CMR 16.00 defines the rules and procedures necessary for the administration and
implementation of the Cranberry Bog Renovation Tax Credit program, by which a Taxpayer
Primarily Engaged in Cranberry Production shall be allowed a credit against the taxes imposed on them by the Commonwealth of Massachusetts, equal to 25% of the total Qualified Renovation Expenditures incurred in connection with the Qualified Renovation of a Cranberry Bog during a taxable year.