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UT
Utah Enterprise Zone Tax Credit
Utah's Enterprise Zone Tax Credit supports eligible businesses that invest or create jobs in designated enterprise zones.
About this program
The Utah Enterprise Zone Tax Credit provides state income tax credits to eligible businesses that conduct qualifying activity in designated enterprise zones. Credits may be available for creating new full-time jobs, investing in plant, equipment, or machinery, rehabilitating buildings, and other qualifying business activities. Businesses apply through the Governor's Office of Economic Opportunity and then claim certified credits through Utah tax filings.
Eligibility
Businesses operating in designated Utah enterprise zones and undertaking qualifying job creation, investment, or building rehabilitation activities.
Requirements
- Business activity must occur in a designated Utah enterprise zone.
- Applicant must complete qualifying activities such as job creation, capital investment, or building rehabilitation.
- Business must apply for certification through GOEO.