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If you purchase an automated external
defibrillator(s) for your business, you may be entitled to the automated external
defibrillator credit. However, the credit is not allowed for automated
defibrillators purchased for resale.
An automated external defibrillator,
as defined under Public Health Law section 3000-b, is a medical device
approved by the United States Food and Drug Administration, that:
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is capable of
recognizing the presence or absence, in a patient, of ventricular
fibrillation and rapid ventricular tachycardia; |
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is capable of
determining, without intervention by an operator, whether
defibrillation should be performed on the patient; |
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upon determining that
defibrillation should be performed, automatically charges and requests
delivery of an electrical impulse to the patient’s heart; and |
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then, upon action by an
operator, delivers an appropriate electrical impulse to the patient’s
heart to perform defibrillation. |
The credit is equal to the lesser of the
purchase cost of the unit, or $500. There is no limit on the number of
units purchased during the tax year for which the credit may be taken.
However, the credit cannot exceed $500 for each unit purchased.
The automated external defibrillator
credit s not refundable, and any unused credit cannot be carried
forward to a future year.
To claim this credit, you must complete Form
CT-250, Claim for Credit for Purchase of an Automated External
Defibrillator,
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