Will you give details about Educational Improvement Tax Credit Program (EITC) offered at Department of Community and Economic Development (DCED) PA? What is eligibility required by Department of Community and Economic Development (DCED) PA to join Educational Improvement Tax Credit Program (EITC)?

As you are looking for information related to Educational Improvement Tax Credit Program (EITC) offered at Department of Community and Economic Development (DCED) PA, so here I am giving complete information:

Business Application Timeline
May 16 – Business applicants who have fulfilled their 2-year commitment and wish to reapply in FY 16/17 to renew their 2-year commitment.
May 16 – Businesses who are in the middle of their 2-year commitment.
July 1 – All other businesses including initial applicants.

Uses
Tax credits may be applied against the tax liability of a business for the tax year in which the contribution was made.

Eligibility
Personal Income Tax
Capital Stock/Foreign Franchise Tax
Corporate Net Income Tax
Bank Shares Tax
Title Insurance & Trust Company Shares Tax
Insurance Premium Tax (excluding surplus lines, unauthorized, domestic/foreign marine)
Mutual Thrift Tax
Malt Beverage Tax
Retaliatory Fees under section 212 of the Insurance Company Law of 1921

List of Organizations
Scholarship Organizations
Educational Improvement Organizations
Pre-Kindergarten Scholarship Organizations

Organizations
Applicants interested in applying as an Educational Improvement Organization, Scholarship Organization or Pre-K Organization can apply at DCED Center for Business Financing, Tax Credit Division, 4th Floor, Commonwealth Keystone Building, 400 North Street, Harrisburg, PA 17120: 717.787.7120 or RA-EITC@pa.gov.

Contacts
Commonwealth of Pennsylvania
Tom Wolf, Governor
Dennis M. Davin, Secretary
1 (866) 466-3972