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Revenue department outlines technical hurdles in tax‑credit administration and data sharing with Commerce
Summary
Kathleen Smith of the Kansas Department of Revenue told the Senate Commerce Committee that tax‑credit administration is complicated by credit type, long carryforwards, transferability and confidentiality limits, which have made public reporting and cross‑agency data reconciliation difficult.
Kathleen Smith, director of the Office of Policy and Research at the Kansas Department of Revenue, explained to the Senate Commerce Committee how the department administers tax credits, and why some program data are difficult to publish or reconcile across agencies.
Key points
- Credit types and carryforwards: Smith outlined the three basic forms of tax credits Kansas uses — nonrefundable, refundable and “use‑or‑lose” — and listed examples: the Angel Investor and HPIP investment credits (nonrefundable, often carried forward until…
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