INCENTIVE DESCRIPTION

State:	IN
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Investment Credits
Description:	1. HOOSIER BUSINESS INVESTMENT TAX CREDIT: Income tax credit based on a company's qualified capital investment, with the final credit amount determined by IEDC based on an analysis of the economic benefits of the proposed investment. The period to apply for investment credits has been extended to December 31, 2011. 2. INDUSTRIAL RECOVERY TAX CREDIT (Dinosaur Building): Income tax credit calculated as a percentage of qualified rehabilitation expenses for investments in facilities requiring significant rehab or remodeling expense.
Eligibility Requirements:	1. Project will raise the total earnings of employees in IN. 2. Open to occupants or investors of industrial recovery sites meeting size, age and vacancy 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.