INCENTIVE DESCRIPTION

State:	CO
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Investment Credits
Description:	Please see the Special Purpose Zone Incentives and Credits Section. 1. INVESTMENT TAX CREDIT equal to 1% of qualified investment as defined under section 46(c) of the IRS Code. Excess credit may be carried forward for 3 years. 2. ENTERPRISE ZONE INVESTMENT TAX CREDIT An investment tax credit of 3% of qualified section 38 property is allowed for acquired or new property located in an enterprise zone. Any unused credit may be carried back 3 years and forwarded up to 12 years.
Eligibility Requirements:	1. Must be a qualified business with investment meeting IRS code. 2. Must be a qualifying business with investment property being used 100% in an enterprise zone.
Geographic Restrictions:	Statewide
Granting Authority:	State of Colorado

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.