Businesses
Government-funded
Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Income tax exemptions for businesses locating or expanding in Mississippi's designated Growth and Prosperity Areas (GAP zones). Qualifying businesses receive 10-year state income tax exemptions plus sales/use tax exemptions on construction materials, equipment, and utilities.
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.Business must locate in a designated Mississippi GAP zone (higher poverty/unemployment area)
2.10-year state income tax exemption on income from qualifying activities
3.Sales/use tax exemptions on construction materials, equipment, utilities
4.Minimum investment or job creation required (negotiated)
5.Apply through Mississippi Development Authority
CAEATFA · California
Full state and local sales and use tax exemption (7.25–10%) on equipment purchases for California manufacturers of solar, wind, batteries, EVs, fuel cells, and green building materials. Reduces equipment procurement costs with board pre-approval.
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.
GOED · Nevada
Sales tax abatements (up to 2%), property tax abatements, and Modified Business Tax credits for clean energy manufacturers locating or expanding in Nevada. Targets solar, wind, battery storage, and EV-related product manufacturers creating 10+ jobs.