Arizona Angel Tax Credit
Per the Arizona Commerce Authority – “the principal objective of the Angel Investment program is to expand early-stage investments in targeted Arizona small businesses. The program accomplishes this goal by eliminating Arizona capital gains tax liabilities associated with the disposition of investments in small businesses certified by the ACA.”
This program is scheduled to sunset on June 30, 2021.
The Desert Angels believe that reauthorizing this program will help Arizona startup businesses. If you would like to learn more or have comments you would like to share about the importance of this program, please email email@example.com.
Check out our video interviews with business leaders about the importance of the credit HERE