INCENTIVE DESCRIPTION

State: IL
Incentive Type: Sales and Use Tax Incentives
Incentive Title: Sales Tax Exemptions
Description: SALES TAX EXEMPTIONS - 1. Sales tax exemptions are available for manufacturing machinery, as well as aprts and computers used to run the equipment, farm machinery, pollution controls, building materials bought and used in enterprise zones and materials used in manufacturing in an enterprise zone(must meet specific job creation criteria). 2. Sales tax exemption available for businesses locating in an enterprise zone.
Eligibility Requirements: 2. Business must meet minimum requirements of investment to create or retain jobs in order to apply for the exemption. Refer to enterprise zone.
Geographic Restrictions:
Granting Authority: 1.IL Dept. of Revenue 2. IL Dept. of Econ. Opp.


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.