INCENTIVE DESCRIPTION

State: KY
Incentive Type: Sales and Use Tax Incentives
Incentive Title: Sales Tax Refunds
Description: KENTUCKY ENTERPRISE INITIATIVE ACT (KEIA): A refund of sales and use tax that an approved company paid for construction materials, building materials, and equipment used in R&D purchased during the life of a project.
Eligibility Requirements: The project must have a minimum investment of $100,000 if located in a preference zone and $500,000 if not. An approved company has 18 months from the date of KEDFA approval to purchase eligible materials. Eligible materials include investment costs, acquisition of real property, building, and construction materials. Sales tax paid on purchases prior to the agreement are eligible for refund.
Geographic Restrictions: Statewide
Granting Authority: Kentucky Economic Development Finance Authority


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.