INCENTIVE DESCRIPTION

State: AZ
Incentive Type: Income/Franchise Tax Incentives and Credits
Incentive Title: Jobs Credits
Description: 1. AEROSPACE EMPLOYEE TAX CREDIT An aviation or aerospace company with a net increase in full time permanent employees is eligible for income tax credits. The company can receive up to $7,500 over five years per net new non-dislocated employees and up to $10,000 over five years per net new dislocated employee it hires and retains. 2. DEFENSE CONTRACTOR CREDIT Qualified defense contractors may claim tax credits for net employment increases under defense related contracts or net employment increases from transferring jobs from exclusively defense related activities to commercial activities.
Eligibility Requirements: 1. The employees must be primarily (51% or more) engaged in providing aviation or aerospace services or in manufacturing, assembling or fabricating aviation or aerospace products.
Geographic Restrictions: Statewide, unless noted Enterprise Zone
Granting Authority: State of Arizona


The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com

Impotant Legal Information
Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives.