INCENTIVE DESCRIPTION

State: CO
Incentive Type: Special Purpose Zone Incentives and Credits
Incentive Title: Other Tax Incentives/Credits
Description: AVIATION DEVELOPMENT ZONE MANUFACTURER NEW EMPLOYEE CREDIT For each eligible, new employee of an aircraft manufacturer within a CO Aviation Development Zone, an income tax credit of $1,200 times the increase in the average number of aviation zone employees is available. All types of business entities may apply. Any excess credit beyond tax liability may be carried forward for up to 5 years.
Eligibility Requirements: Must perform aircraft manufacturing (aircraft maintenance is not eligible) in a designated Colorado Aviation Development Zone. The facility must employ 10 or more employees.
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.