Tax incentives are among the most immediate and powerful economic development incentives offered by the Evansville Urban Enterprise Zone. Tax benefits for employers participating in the Enterprise Zone program include:
Capital Investment Deduction: Enterprise Zone businesses now enjoy deductions for qualifying capital investment in facilities located within the Enterprise Zone. Qualifying capital investments include:
The Enterprise Zone Deduction, first available for 2006 payable 2007, allows qualifying investments to be claimed for as many as 10 years.
Employment Expense Credit: This state program offers tax credits for incremental wages paid by zone businesses to employees who reside in the zone
Before any enterprise zone tax incentives can be utilized, we must have a Business Commitment Form on file in our office.
|EZ-2||Enterprise Zone Investment Deduction Application (52501) 1/23|
|IT-40 QEC||Enterprise Zone Qualified Employee Deduction Certificate. PDF|
|Schedule EZ (Parts 1, 2, 3)||Enterprise Zone Schedule 1, 2, 3 & Instructions. Fill-in PDF|
Forms require Adobe Acrobat to view.