Effective for taxable years beginning on or after January 1, 2011, other research expenses:
- 1.25% for expenses up to $50 million
- 2.25% for expenses between $50 million and $200 million; or
- 3.25% for expenses above $200 million
![North Carolina State R&D Tax Credit](https://www.pmba.com/wp-content/uploads/2022/06/north-carolina-rd-tax-credit-summary.jpg)
Effective for taxable years beginning on or after January 1, 2011, other research expenses: