 |
|
 |
 |
The Benefits | QEZE Tax Reduction Credit
The tax reduction credit is applied to business related
income, based upon the business’s structure. The credit is available
for a ten-year period. The tax reduction credit may reduce the company’s
tax liability to zero, thus eliminating the alternative minimum tax and
the fixed dollar minimum.
The tax reduction credit is based on a formula that is a product of the
following factors:
A new business exclusively in an Empire Zone is able to eliminate its entire NY income tax burden with this credit.
61
Area Development Drive
Plattsburgh, NY 12901
518-563-3100
