Employment incentive credit (EIC) for the financial services industry
The EIC for the financial services industry has expired.
The investment tax credit (ITC) for the financial services industry expired for property placed in service on or after October 1, 2015. An EIC is allowed for the two years immediately succeeding the tax year for which an ITC was allowed.
For additional information on claiming a carryover or recapture of this credit, see:
- Form CT-44, Claim for Investment Tax Credit for the Financial Services Industry, and its instructions, Form CT-44-I (for corporations); or
- Form IT-252, Investment Tax Credit for the Financial Service Industry, and its instructions, Form IT-252-I (for all others).