It’s no wonder Idaho is such an attractive place for doing business. Our operating costs are low, our tax structure is predictable, and our companies benefit from a variety of tax incentives, property tax exemptions, and workforce training grants.
See how your business can benefit from state incentives:
Idaho Business Advantage
If your business invests at least $500,000 in new facilities and creates at least 10 new jobs averaging $40,000 a year with benefits, you may qualify for a wide package of incentives, including tax credits, sales tax rebates, and property tax exemptions.
New Jobs Tax Credit
Is your company creating new jobs? Businesses that hire new employees to fill new positions can receive a 4% credit on gross wages paid to qualifying employees.
Idaho Opportunity Fund
Does your community need infrastructure improvements to attract or accommodate a new commercial or industrial facility? Funding is allotted at the discretion of the Idaho Commerce director.
Property Tax Exemption
If your business invests $3 million in new manufacturing facilities, you may qualify for a full or partial property tax exemption for up to five years.
Workforce Development Training Reimbursements
Businesses can receive up to $3,000 in cash reimbursements for the training of full-time, new employees or for helping retain employees facing permanent layoff.
Idaho Tax Reimbursement Incentive
Idaho is uniquely poised to encourage the growth of new economic opportunities, create new, high-paying jobs, and grow our diversified economy. The Tax Reimbursement Incentive is designed to enhance Idaho’s competiveness and provide the tools we need to accelerate our economic growth. This performance-based incentive features a tax credit of up to 30% for up to 15 years on new state tax revenues generated by companies seeking to expand in or relocate to the state of Idaho.
Get More Details About These And All Our Other Incentives