INCENTIVE DESCRIPTION

State:	ME
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Jobs Credits
Description:	JOBS AND INVESTMENT TAX CREDIT: Income tax credit equal to 10% of investments in qualifying types of personal property when new jobs are also created. Limited to $500,000 per year or the tax otherwise due. Unused credit may be carried forward six years.
Eligibility Requirements:	Any business, other than a public utility, must invest at least $5 million during one year in qualifying types of personal property and create 100 new jobs over a two year period.
Geographic Restrictions:	Statewide
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.