StateSubsidies
Back to all incentives
Tax CreditTennesseeActiveVerified

Tennessee Industrial Machinery Tax Credit

Tennessee Department of Revenue (TN DOR)TN-INDMACH
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Tennessee

About This Program

Tennessee allows manufacturers to claim a tax credit of 1–10% of the purchase price of industrial machinery used directly in manufacturing. New or expanding manufacturers may claim the enhanced rate over the first three years of operation.

Key Requirements & Eligibility

  • 1Must be a Tennessee manufacturer
  • 2Machinery must be used directly in production
  • 3Credit rate: 1% standard; up to 10% for new manufacturers
  • 4Applied against Tennessee franchise and excise tax
  • 5Excess credit carried forward up to 15 years

Related Programs

Tax CreditFederalVerified

IRA Section 48 Standalone Battery Energy Storage Tax Credit

DOE · United States

Extends the Investment Tax Credit to standalone battery storage systems with capacity of at least 5 kWh, decoupled from solar. Projects in energy communities or using domestic content receive bonus credits up to 10% each.

Energy StorageClean TechnologyManufacturing
Details
Tax CreditFederalVerified

IRA Section 48C Advanced Energy Manufacturing & Recycling Tax Credit

DOE · United States

Provides a 30% investment tax credit for qualifying advanced energy projects, including manufacturing facilities for clean energy equipment and industrial decarbonization projects. Projects must be certified by the IRS through a competitive application process.

Energy ManagementManufacturingClean Technology
Closed (Dec 31, 2025)
Details
Tax CreditStateVerified

New York State Brownfield Cleanup Program Tax Credit

NYSDEC · New York

Provides transferable tax credits for remediating contaminated brownfield sites and redeveloping them for residential, commercial, or industrial use, with enhanced credits for affordable housing and green buildings.

Real EstateConstructionGovernment & Nonprofit+1
Details

Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
Share:𝕏in

Applicable Industries

ManufacturingFood & BeverageEnergy Storage
Official Source