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Tax CreditKentuckyActiveVerified

Kentucky Business Investment (KBI) Program

Kentucky Cabinet for Economic Development (KCED)KY-KBIRefreshed 12 days 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

Provides tax incentives to new and expanding Kentucky businesses creating jobs and investing capital, including wage assessments, income tax credits, and sales tax savings on construction materials.

Key Requirements & Eligibility

  • 1Must create a minimum number of new full-time jobs with healthcare benefits
  • 2Minimum capital investment required; varies by location and project type
  • 3Incentives include wage assessments returned to company and corporate income tax credits
  • 4Enhanced incentives for projects in distressed counties or Opportunity Zones
  • 510-year incentive term; performance agreement required with annual reporting

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.Must create a minimum number of new full-time jobs with healthcare benefits

2.Minimum capital investment required; varies by location and project type

3.Incentives include wage assessments returned to company and corporate income tax credits

4.Enhanced incentives for projects in distressed counties or Opportunity Zones

5.10-year incentive term; performance agreement required with annual reporting

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