Enterprise Zone Financing and Sales Tax

 Jul 10, 2015 Sales Tax DataLINK

Enterprise Zone (EZ) programs provide tax incentives to help encourage businesses to locate and expand in economically distressed areas of a state. These areas typically have a higher unemployment rate, lower per capita income, or a lower population growth rate. Businesses who are accepted into one of these programs are then eligible to apply for state sales and use tax refunds on qualified expenses. The level and amount of refund is related to how much of an investment is made and how many jobs are created by the business, but can greatly reduce their sales tax liabilities. Read More