Qualified Target Industry Tax Refund (Florida)
Last modified on February 12, 2015.
|Applies to States or Provinces||Florida|
|Name||Qualified Target Industry Tax Refund (Florida)|
|Policy Category||Financial Incentive|
|Policy Type||Corporate Tax Incentive, Sales Tax Incentive|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy|
|Program Administrator||Enterprise Florida|
| Last Substantive Modification
The Qualified Target Industry Tax Refund incentive is available for companies that create high wage jobs in targeted high value-added industries. The incentive refunds up to $3,000 per new full-time employee, $6000 in an Enterprise Zone. More tax refunds are available if companies reach certain wage levels. This incentive also includes refunds on corporate income, sales, ad valorem, intangible personal property, insurance premium, and others. The incentive is capped at $5 million per applicant.
|Address||800 N. Magnolia Ave. Suite 1100|