Eligible Contributors Eligible contributors are business firms authorized to conduct business in Pennsylvania and subject to the following taxes imposed by the Tax Reform Code of 1971, 72 P.S.:
*Only when passing through tax credits.
Businesses may contribute to an unlimited number of NAP projects. However, there are limits on the total amount of tax credits that may be awarded.
1. Contributions to Three or Fewer Projects: The maximum aggregate tax credit amount a contributor may receive annually for contributions for three or fewer projects is $1,000,000. This maximum applies to the total of all NAP tax credits awarded under all programs.
2. Contributions to Four or More Projects: The maximum aggregate tax credit amount a contributor may receive annually for contributions to four or more projects is $2,500,000. This maximum applies to the total of all NAP tax credits awarded under all programs.