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INCENTIVE DESCRIPTION
| State: | MS |
| Incentive Type: | Income/Franchise Tax Incentives and Credits |
| Incentive Title: | Training Credits |
| Description: | BASIC SKILLS TRAINING OR RETRAINING TAX CREDIT An income tax credit is allowed to employers that are qualified businesses as determined by the MDA. The credit allowed is 50% of qualified training expenses not to exceed 50% of the income tax liability. |
| Eligibility Requirements: | The basic skills training or retraining must be offered through, or be approved by, the community or junior college in the district where the business is located. Total amount of training expenses can not exceed $2,500 per employee. |
| Geographic Restrictions: | Statewide |
| Granting Authority: | State Tax Commission |
| 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. |
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