Indiana Tax Credits and Incentives
To continue economic growth, Indiana administers several incentive programs that could apply to both local businesses and out-of-state expansions into the state.
Indiana Edge Tax Credit
The Economic Development for a Growing Economy (EDGE) Tax Credit provides a refundable tax credit to businesses that create new jobs that improve the standard of living for Indiana residents. The credit certification is phased in annually for up to 10 years based on the employment ramp-up outlined by the business.
Eligibility
To be eligible for the tax credit:
Project will result in net new jobs that were not previously performed by employees of the applicant.
The project is economically sound and will benefit the people of Indiana by increasing opportunities for employment and strengthening the economy of Indiana.
Receiving the tax credit is a major factor in the applicant’s decision to go forward with the project and not receiving the tax credit will result in the applicant not creating new jobs in Indiana.
Political subdivisions/municipalities affected by the project have offered significant incentives to the business.
At EIAG, we excel in optimizing the Indiana tax incentive procedures. With our expert guidance, taxpayers have saved millions of dollars through these advantageous deductions. We provide comprehensive support every step of the way, ensuring a seamless process for our clients.
