§ 42-64.6-5. Deduction. A qualifying employer shall be denied a deduction for any expenses used to determine a credit, which was allowed under this chapter. If the credit is subsequently recaptured, or if the expenses attributable to the program exceed the amount on which the credit is allowed, a deduction shall be allowed in the taxable year in which the expense is recaptured, or paid or incurred.
History of Section. (P.L. 1996, ch. 229, § 1; P.L. 1996, ch. 255, § 1.)
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