Statutory Limitations for Employee Credit
A business entity claiming a tax credit for this program may claim the tax credit for no more than 30 full-time employee positions in a taxable year.
A business entity that received a tax credit for one or more new full-time employee positions in a prior taxable year may claim a tax credit for a new full-time employee position in a subsequent taxable year if:
- The business entity has created a new full-time position within the enterprise zone; and
- The total number of employee positions at the business entity at any point during the tax year for which the tax credit is being claimed is greater than the highest number of employee positions that existed at the business entity in the previous taxable year
Please contact firstname.lastname@example.org, with any questions or concerns regarding the Enterprise Zone program.