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IN

Hoosier Business Investment (HBI) Tax Credit

Non-refundable corporate income tax credit calculated as a percentage (up to 15%) of qualified capital investment for Indiana businesses, including manufacturers, that create jobs and invest in their Indiana operations; unused credit may carry forward up to nine years.

About this program

Visit the program website for full details.

Eligibility

Indiana businesses, including manufacturers, making qualified capital investments that create jobs and improve the standard of living for Indiana residents.

Requirements

  • Indiana-based project with qualified capital investment
  • Job creation tied to the investment
  • Negotiate and certify the credit with the IEDC