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Middle Monongahela Industrial Development Association, Inc. |
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Middle Monongahela Industrial Development Association, Inc. |
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TAX CREDITS AND ABATEMENTS Job Creation Tax Credits - Provides a $1,000-per-job tax credit to approved businesses that agree to create jobs in the Commonwealth within three years. Enterprise Zone Tax Credits - Provides tax credits to employers located in enterprise zones. Local Economic Revitalization Tax Assistance Act (LERTA) - Local municipalities, school districts and counties can offer abatements on property taxes for up to 10 years. Research and Development Tax Credit - Allows employers qualifying for the federal R&D tax credit up to 10 percent tax credit for new research and development investments in Pennsylvania. Keystone Opportunity Zones - State and local tax free zones designed to stimulate job creation and community renewal in some of Pennsylvania's challenged communities. |
