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
Refundable tax credits for Ohio businesses creating full-time jobs, with credit amounts based on jobs created, wages paid, and a competitiveness factor determined by the Tax Credit Authority.
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.Must create at least 10 new full-time jobs (5 in distressed areas) within 3 years
2.New jobs must pay at least 150% of federal minimum wage with benefits
3.Credit: percentage of employee Ohio income tax withheld for up to 15 years
4.Refundable: if credit exceeds tax liability, excess paid as refund
5.Must apply before beginning project; approved by Tax Credit Authority board
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.