INCENTIVE DESCRIPTION

State:	VT
Incentive Type:	Income/Franchise Tax Incentives and Credits
Incentive Title:	Other Tax Credits
Description:	High-Tech Growth Incentives: Certified high tech businesses may qualify for: a. Machinery and equipment--Tax credit up to 6% (not to exceed $100,000/year) of investments in machinery and equipment. b. Infrastructure--Up to 6% tax credit for renovation of existing facilities to provide cable, fiber or telecommunications access. c. Workforce development: Credit up to 20% of qualified workforce training and education expenditures. Up to 25% credit for those in economic self-sufficiency programs. d. Sales/Use Tax Exemption--Exemption on new personal computers and included software packages.
Eligibility Requirements:	Must be certified as a "high-tech business."
Geographic Restrictions:	Statewide
Granting Authority:	Vermont Economic Progress Council

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.