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
Oklahoma income tax credit for manufacturers investing at least $40,000 in qualified property and creating net new jobs paying at least $10/hour. Credit: $500–$2,000 per new job for 5 years depending on county location, with higher amounts in high-unemployment areas.
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.Manufacturer or processor in Oklahoma
2.Minimum $40,000 investment in qualifying property
3.Minimum 1 new full-time job at $10+/hour
4.Credit: $500–$2,000 per new job per year for 5 years
5.Claim on Oklahoma Form 506
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.