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NY

Investment Tax Credit for Manufacturing Equipment and Property

State tax credit for qualifying investments in buildings, machinery, and equipment used in production and other eligible business activities.

About this program

Visit the program website for full details.

Eligibility

Businesses investing in qualified property in New York, including machinery, equipment, or buildings used in manufacturing, production, processing, or similar eligible activities.

Requirements

  • Place qualified property in service in New York.
  • Use the property in eligible business or production activities.
  • Claim the credit on the applicable New York tax forms with required records.