The ""Five-For-Ten"" program values the new capital addition for qualified businesses with manufacturing property at a salvage value of 5% for the first 10 years. Also for property owners it has a special property tax valuation of 5 percent of the...
3% Investment Tax Credit
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Businesses that make qualifying new investments may earn an income tax credit. This credit can offset up to 50% of a company’s state income tax liability and may be carried forward up to 14 years.