Incentives are another integral part of the business environment with the goal of promoting growth and strengthening a company’s presence in a geographic region. Discretionary incentives are generally negotiated with economic development officials in advance of the public announcement of a project. These incentives can include both tax benefits (e.g., credits, abatements, and exemptions) and non-tax benefits (e.g., grants, loans, and streamlined permitting).
Examples of Incentives
Business incentives structured to promote economic development and community vitalityFind Out More
Mitigates risk, reduces cost, and avoids potential adverse short- and long-term conditionsFind Out More
Tax Credits (Federal, State, and Local)
Offsets to federal, state, and local tax liabilities