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State: | MI |
Incentive Type: | Special Purpose Zone Incentives and Credits |
Incentive Title: | Other Tax Incentives/Credits |
Description: | TOOL AND DIE RECOVERY ZONES: Qualified businesses are exempt from the state Single Business Tax, state education tax, local personal and real property tax, local income tax, and the utility users tax (Detroit only). |
Eligibility Requirements: | Property must be used primarily for tool and die business operations and have operations with under 50 full-time employees. |
Geographic Restrictions: | Designated Zones |
Granting Authority: | Michigan Economic Development Corporation |
The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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