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UT
Utah Economic Development Tax Increment Financing
Post-performance Utah corporate incentive for approved Park City expansion and relocation projects.
About this program
Economic Development Tax Increment Financing provides approved companies with a post-performance refundable tax credit tied to new state revenue generated by business expansion or relocation projects in Utah, including qualifying Park City projects.
Eligibility
Companies expanding or relocating to Park City or elsewhere in Utah and creating significant new jobs and capital investment.
Requirements
- Apply through the Governor’s Office of Economic Opportunity before project commitment
- Meet new job, wage, and investment commitments
- Receive GOEO board approval and comply with performance reporting