Short answer. North Dakota pays 25 percent on the first $100,000 of the increase in your in-state research over a base, and 8 percent above that. The credit is non-refundable, but unlike most states it can be carried back 3 years to recover tax you already paid, and forward 15 years.

Key facts

Rate (first $100k of increase)25% of the increase in North Dakota QRE
Rate (increase above $100k)8%
RefundableNo
Carryback / carryforward3 years back, 15 years forward
StatuteN.D.C.C. 57-38-30.5

25 percent, then 8 percent

North Dakota's rate is tiered around a $100,000 threshold and rewards growth.

The credit is 25 percent of the first $100,000 of qualified research expenses that exceed the base amount, and 8 percent of the excess above $100,000. It is incremental: only research spending above a base computed under the federal Section 41 method earns credit. The 25 percent first-tier rate is one of the highest in the country.

Only research conducted in North Dakota counts. The qualified expense definition otherwise follows federal Section 41.

The carryback most states do not offer

The credit is non-refundable, but it is rarely lost.

An unused credit carries back 3 tax years and forward up to 15 tax years. The carryback can recover North Dakota tax you already paid, which most state credits do not allow. For a company that was profitable before a heavy research year, that is real cash recovered rather than a credit banked for the future.

A narrow transfer option

One more route exists for very small research companies.

A narrow set of certified small research companies, primary-sector businesses under $750,000 in gross revenue doing first-time research, may transfer up to $100,000 of unused credit. Most established software companies do not qualify, but it is worth knowing the option exists. The credit is computed under N.D.C.C. 57-38-30.5.

The full state overview, the federal Section 41 work it builds on, and related state guides:

Sources

Every claim on this page traces to a primary authority. Each source below is independent and verifiable.

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