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Angel Tax Credit

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On 5/30/2019 Governor Walz signed the Omnibus Tax Bill which reinstates the Angel Tax Program and provides $10 million in credits for 2019 and $10 million for 2021 ($0 for 2020). We are working to reopen the program by mid-summer; watch this space for updates. The Angel Tax Credit Program provides a 25-percent credit to investors or investment funds that put money into startup companies focused on high technology, new proprietary technology, or a new proprietary product, process or service in specified fields.

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