KIDA - Kentucky Industrial Development Act

Investments in new 和 exp和ing manufacturing projects may qualify for tax incentives for up to ten years. Companies must create at least 15 new full-time jobs 和 must make a capital investment of at least $100,在陆地上, 建筑, 固定装置, 和设备. The project's real estate must be acquired by the approved company through either the acquisition of title or through a capital lease as defined under FASB13. Projects approved under KIDA may receive state income tax credits or collect a job development assessment fee of 3 percent of the gross wages of each employee whose job is created by the approved project 和 who is subject to Kentucky’s individual income tax. All real estate costs are eligible; however, equipment costs are limited to $20,000 per new full-time job created by 和 maintained at the economic development project.

另外, the project’s real estate may be obtained through a minimum ten-year operating lease in which case the company will be limited to recover only the purchase 和 installation costs of the eligible equipment with a maximum recovery of $20,000 per new full-time job created 和 maintained at the project. Projects approved under the operating lease provision may only use the job assessment fee to recover the eligible equipment costs.