The New Markets Tax Credit (NMTC) Program was established in 2000 as part of the Community Renewal Tax Relief Act of 2000.
The RC/EZ/EC Initiative is vital to development in more than 100 distressed urban and rural areas nationwide. The Initiative, through a combination of innovative tax incentives, federal grants, and partnerships with government, for-profit and non-profit agencies, has opened new businesses and created jobs, housing, and new educational and healthcare opportunities for thousands of Americans.
Up to a 35 percent tax credit for individual investors who invest in early stage, wealth-creating businesses that seek start-up and expansion capital.
The Competitive Projects Payroll Incentive Program provides an incentive rebate of up to 15 percent of a participating company's new payroll for up to 10 years.
Provides a 35 percent tax credit for in-state labor, coupled with a 25 percent credit for eligible production expenses.
A $2,500 tax credit for each certified net, new job created and either a 4 percent sales/use tax rebate on capital expenses or 1.5 percent refund on capital investment.
100 percent property tax abatement for up to 10 years on a manufacturer's new investment and annual capitalized additions.
A 30 percent transferable tax credit for qualified motion picture production expenditures and an additional 5 percent payroll tax credit for in-state labor.
Whether you're launching a national concert tour, staging a new theatrical production or even building and restoring a performance venue, we'll help you hit your mark. Louisiana offers a robust 25% to 35% tax incentive for musical and theatrical productions and state certified higher education musical or theatrical infrastructure projects.
Up to 6 percent rebate on annual payroll expenses for up to 10 years and either a 4 percent sales/use tax rebate on capital expenses or a 1.5 percent investment tax credit for qualifying expenses.
A tax credit up to 40 percent to existing businesses with operating facilities in Louisiana to establish or continue research and development within the state.
A five-year 100 percent property tax abatement for the rehabilitation of an existing structure.
A 25 percent refundable tax credit for qualified production expenditures on state-certified sound recording projects.
A 40 percent refundable tax credit for companies that invest in the commercialization of Louisiana technology and a 6 percent payroll rebate for the creation of new, direct jobs.