Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Tax Incentives articles below.
The new federal qualified opportunity zone (QOZ) tax credits are expected to unleash up to $6 trillion in capital investment in more than 8,700 economically distressed areas in the U.S.
Just as with any planning technique, comparison of the potential benefits of Qualified Opportunity Zones to other tax deferral or elimination strategies remains crucial.
The family-owned company will invest $4.6 million in a new e-coating facility in Lexington, its first in the state.
Japanese-owned automotive supplier to invest an additional $66 million in the state; company will add 100 jobs.