Businesses
Government-funded
$5.0M
per applicant
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Income tax credits for out-of-state companies relocating their headquarters to Indiana, with credits based on the relocation costs and number of employees brought to the state.
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.
1.Company must be relocating its principal headquarters to Indiana from another state
2.Must bring at least 75 employees to Indiana as part of the relocation
3.Jobs must pay at least 150% of the county average wage
4.Credit: up to 50% of relocation costs (moving, lease termination, employee assistance)
5.Maximum credit: $5M; applied for through IEDC before relocation
OEDIT · Colorado
3% state income tax credit for businesses investing in business personal property in Colorado's 16 Enterprise Zones, which cover the state's most economically distressed rural and urban areas. Stacks with other CO Enterprise Zone credits for wage, research, and job training.
KCED · Kentucky
Provides income tax credits and wage assessments to encourage new and expanding businesses to locate in Kentucky. Credits are tied to job creation and capital investment commitments over a 15-year term.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.