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Tax CreditIdahoActiveVerified

Idaho Business Advantage Program

Idaho Commerce (Idaho Commerce)ID-BIZ-ADVRefreshed 1 month ago
Do I qualify?
Who can apply

Businesses

Government-funded

Max funding

Varies

Amount varies

Type

Tax Credit

Reduces tax liability

Deadline

Rolling

No fixed cutoff

Timing

Annual tax return

Claim with year-end filing

Complexity

Moderate

File with tax return

About This Program

Package of tax credits and incentives for companies creating at least 10 qualifying jobs and investing at least $500,000 in new plant and equipment in Idaho. Includes investment tax credit, property tax exemption, and sales tax rebate on building materials.

Key Requirements & Eligibility

  • 1Minimum 10 new full-time jobs
  • 2Wages must exceed county average by at least 10%
  • 3Minimum $500,000 capital investment in plant and equipment
  • 4Must operate in qualified industry
  • 5Benefits package includes 3.15% investment tax credit, property tax exemption, and sales/use tax rebate

Do I qualify?

Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.

0 of 5 answered

1.Minimum 10 new full-time jobs

2.Wages must exceed county average by at least 10%

3.Minimum $500,000 capital investment in plant and equipment

4.Must operate in qualified industry

5.Benefits package includes 3.15% investment tax credit, property tax exemption, and sales/use tax rebate

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