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Economic Development for a Growing Economy Tax Credit (Indiana)

Eligibility 
Commercial
Agricultural
Industrial
Construction
Retail Supplier
Fuel Distributor
Savings Category 
Fuel Cells
Photovoltaics
Program Info
State 
Indiana
Program Type 
Corporate Tax Incentive
Provider 
Indiana Economic Development Corporation

The Economic Development for a Growing Economy Tax Credit is awarded to businesses with projects that result in net new jobs. The tax credit must be a major factor in the company’s decision to move forward with the project in Indiana. The refundable tax credit is calculated as a percentage of the expected increased tax withholdings generated from the new jobs. The credit is phased in over ten years.