Empire Zone
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An Empire Zone is an area of up to two non-contiguous miles, in which tax incentives are offered by the state of New York, under the [citation needed]. This program was designed to bring new businesses and jobs to the state. In 1999, the New York State Economic Development Zones program became the Empire Zones program at the direction of Gov. George Pataki. Today there are 82 Empire Zones in New York, and 9,800 certified businesses operating within them[citation needed].
Qualifying businesses within these zones can apply for these incentives[citation needed]:
- Wage Tax Credit
- Zone Capital Credit
- New York State Sales Tax Refund
- Real Property Tax Credit
- Tax Reduction Credit
External links[]
Categories:
- Taxation in New York (state)
- Special economic zones of the United States
- New York (state) stubs