New Tax Breaks for Massachusetts Life Science Companies

New Tax Breaks for Massachusetts Life Science Companies

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Advising life sciences innovators, investors and industry leaders on complex transactions, legal issues and business challenges.
A deep and diverse practice focused on maximizing tax efficiencies and minimizing tax risks for clients nationally and internationally.
Under the recently enacted Life Sciences Act, Massachusetts-based life sciences companies will be provided with over $1 billion in benefits over the next 10 years. The legislation, which seeks to expand the life sciences sector in Massachusetts, includes $500 million in infrastructure investment, $250 million in life sciences grants, and $250 million in various tax breaks. To learn more about the Life Sciences Act and associated tax breaks, see our recent Email Alert.

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