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KS
Promoting Employment Across Kansas (PEAK) Tax Incentive
Allows qualified Kansas companies to retain 95% of their payroll withholding tax for up to 10 years in exchange for creating new jobs that pay at or above county median or NAICS industry average wages.
About this program
Visit the program website for full details.
Eligibility
For-profit companies in eligible NAICS codes and not-for-profit headquarters facilities. Must create new jobs paying at or above county median wage or NAICS average wage. Must make available adequate health insurance coverage and pay at least 50% of the premium.
Requirements
- Must have a signed incentive agreement with Kansas Department of Commerce
- Must create net new jobs in Kansas
- Wages must meet or exceed county median wage or NAICS industry average wage