Maine: tax incentives, credits and advisors
Maine's state incentives include a refundable 25% historic rehabilitation credit (35% for affordable housing), a 40% seed capital credit and a refundable 39% new markets credit.
Facts checked 2026-10-26 against the official sources linked below.
Below are the major Maine incentives we could verify against an official source, grouped by type. This is not an exhaustive list of every state program. Credits flagged Transferable can be sold or assigned to another taxpayer under state rules; see transferable state tax credits. Each row shows the date we last checked it.
Maine historic and building rehabilitation incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Credit for rehabilitation of historic properties | Credit (refundable) | Owners of certified historic structures in Maine (federal-credit projects or small projects of $50,000-$250,000) | 25% of certified qualified rehabilitation expenditures; 35% for certified affordable housing | Not stated | Yes; fully refundable over four years | Active | 36 M.R.S. 5219-BB; Maine Revenue Services, Historic rehabilitation worksheet (2024) Last verified 2026-10-26 |
Maine angel and venture investment incentives
| Incentive | Type | Who qualifies | Amount, rate or cap | Transferable | Refundable | Status | Source |
|---|---|---|---|---|---|---|---|
| Seed capital tax credit | Credit | Investors in eligible Maine businesses (under $5 million sales), directly or via private VC funds, authorized by FAME | 40% of cash equity invested; up to $500,000 per business per investor over three years; taken 25% a year; 15-year carryforward | Not stated | Only for private venture capital funds | Active | FAME, Maine Seed Capital Tax Credit Program Last verified 2026-10-26 |
| New markets capital investment credit | Credit (refundable) | Holders of FAME-issued certificates for investments in qualified community development entities | 39% of the qualified equity investment over 7 years (0%, 0%, 7%, then 8% a year) | Not stated (credit may be claimed by a holder or subsequent holder of the certificate) | Yes; fully refundable (or 20-year carryforward) | Active | Maine Revenue Services, New Markets Capital Investment Credit worksheet (2025) Last verified 2026-10-26 |
Advisors located in Maine
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Common questions
Is the Maine historic tax credit refundable?
Yes. It is fully refundable, paid over four years, at 25% of certified expenditures or 35% for certified affordable housing.
What is the Maine seed capital credit?
FAME can authorize credits of 40% of cash equity invested in eligible Maine businesses.
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