INCENTIVE DESCRIPTION

State:	FL
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Jobs Credits
Description:	1) THE QUALIFIED TARGET INDUSTRY TAX REFUND provides for refunds on income, sales, ad valorem, intangible personal property, insurance premium, and other taxes. The incentive allows up to $3,000 per new full-time job created and up to $6,000 per job if located in an Enterprise Zone or rural county. Additional benefit is available per job for businesses paying 150%-200% of the state, county, or city average wage. A cap of $5 million per single qualified applicant in all years 2) QUALIFIED DEFENSE CONTRACTOR TAX REFUND (QDC) may be up to $5,000 per job created. The project must meet at least a 25% increase in jobs or create a minimum of 80 jobs.
Eligibility Requirements:	1) Must be a qualified business, meet average wage requirements and file for preapproval. This discretionary credit/refund is determined by each county's eligibility requirements. 2) Must be a qualified business, meet statutory requirements, and submit applications.
Geographic Restrictions:	Statewide
Granting Authority:	State of Florida

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.