Sales & Use Tax Credit/Business Expense Deduction



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SALES & USE TAX CREDIT
Sales and Use Taxes paid for new machinery and parts used within the Zone may be applied as credits against State Income Tax.

BUSINESS EXPENSE DEDUCTION
Certain Property purchased for use within the Enterprise Zone may be deducted as a business expense on State Tax returns the first year it is placed in service.


Sales and Use Taxes paid for new machinery
and parts used within the Zone may be applied
as credits against State Income Tax.