INCENTIVE DESCRIPTION

State: PA
Incentive Type: Special Purpose Zone Incentives and Credits
Incentive Title: Other Tax Incentives/Credits
Description: STRATEGIC DEVELOPMENT AREAS (SDAs) CREDIT- The following credits are available for businesses located in SDAs: a credit up to 100% of net income tax, a property tax credit up to 100% for real property taxes, and a sales and use tax exemption of tangible personal property and services. A Jobs Tax Credit is applicable for insurance companies against the insurance premium tax for each full-time job created. This credit ranges between $500-$1,200 per new job. This credit may not exceed 50% of the tax liabilities for the year.
Eligibility Requirements: Must be in a designated Strategic Development Area.
Geographic Restrictions: Strategic Development Areas statewide.
Granting Authority: State of Pennsylvania


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.