Beginning at midnight ET on Thursday, March 20, 2025, and ending at 11:59 p.m. ET on Wednesday, March 26, 2025, qualified target industry businesses subject to the Florida corporate income tax may apply online for an allocation of Florida research and development tax credit for expenses incurred in the 2024 calendar year.
To apply for this credit, a business must first obtain a letter from the Florida Department of Commerce certifying that it is a qualified target industry business.
For more information about the research and development tax credit, visit the Florida Department of Revenue’s Corporate Income Tax
Incentives webpage under the Incentives Related to Investment in Florida section.
To apply, visit the
Corporate Income Tax Research and Development Credit webpage.
