INCENTIVE DESCRIPTION

State: MA
Incentive Type: Special Purpose Zone Incentives and Credits
Incentive Title: Other Tax Incentives/Credits
Description: Economic Opportunity Area Credit: Income tax credit of 5% of the cost of qualifying property purchased for business use within an economic opportunity area (EOA).
Eligibility Requirements: Property must qualify for an investment tax credit if purchased by a manufacturer or R&D company, and property must be used exclusively in a certified project within an EOA.
Geographic Restrictions: Economic Opportunity Areas
Granting Authority: Office of Business Development


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.