Corporate Tax Credit

Corporations may claim a dollar-for-dollar credit against their Arizona state tax liability when they make a contribution to AISSF. Those contributions provide need-based scholarships for students attending our member schools.

Corporations with Arizona state tax obligation can redirect their corporate tax dollars to change children's lives through the low-income corporate tax credit. Funds provide need-based scholarships for low-income students and eligible corporations to take a dollar-for-dollar credit for contributions made to this program.

C-Corporations

C-corporations may contribute the total of their annual state income liability as long as the low-income corporate tax credit cap has not been met. Credits my be carried forward for up to five (5) years if a corporation contributes more than their tax liability in the year they donate.

S-Corporations

yoru donations help studnetsS-corporations may contribute the total of their annual state income liability as long as the low-income corporate tax credit cap has not been met. There is a minimum contribution amount of $5,000. Credits are passed on to the share holders proportionally. Credits may be carried forward for up to five (5) years if a corporation contributes more than their tax liability in the year they donate.

 

Contact us to find out how your corporation can partner with AISSF to make the future brighter for low-income students at our member schools, or complete and submit this form to start the process now.