STARTUP  A C T

Section 6 – Capital Gains Tax Exemption for Startup Companies
• Makes permanent the 100 percent exemption on capital gains taxes for investments held for at least five years in “qualified small businesses,” which are defined as having less than $50 million in total assets.

 

Section 7 – Research Credit for Startup Companies
• Creates a limited research and development (R&D) tax credit for startups with less than $5 million in annual receipts and less than five years old.
• Qualifying startups can claim up to $250,000 against their employment taxes.​