| Tax
Programs
Several
tax incentive programs are available to alleviate certain state
and local tax liabilities relative to qualifying projects.
Certain municipalities
within York County have adopted Local Economic
Revitalization Tax Assistance (LERTA) programs which allow the
deference of real estate taxes based on the increase of assessed
value, over ten years.
York County
has several designated Keystone Opportunity Zones (KOZ) which provide
state and local tax abatement to businesses locating within a KOZ,
for the remainder of the authorized time period.
The Commonwealth
of Pennsylvania also has tax credit programs based on job creation
and research and development.
For more detailed
information on available tax programs, contact Kenetha Hansen at
717-846-8879, ext. 3027, or khansen@ycedc.org |