INCENTIVE DESCRIPTION

State:	IN
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Jobs Credits
Description:	ECONOMIC DEVELOPMENT FOR A GROWING ECONOMY (EDGE) TAX CREDIT: Refundable income tax credit up to 100% of projected withholdings attributable to new jobs for up to 10 years. Beginning April 1, 2006 credit amout awarded for job creation is $10,000,000 per year.
Eligibility Requirements:	Business must create at least 75 new jobs at a project site in Indiana,demonstrate a need for the tax credit and maintain operations beyond the term of the tax credit. Beginning April 1, 2006 a business needs to create 35 new jobs to be eligible for the tax credit. Business must also meet minimum wage requirements.
Geographic Restrictions:	Statewide
Granting Authority:	IN Economic Development Corporation

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.