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UT

Economic Development Tax Increment Financing (EDTIF) Tax Credit

Post-performance corporate tax credit up to 30% of new state revenues generated over 5-10 years for qualifying tech companies creating high-paying jobs in Utah.

About this program

Visit the program website for full details.

Eligibility

Companies creating high-paying jobs in Utah's targeted industries including technology, life sciences, financial services, aerospace and defense. Awards are performance-based on new state revenues generated.

Requirements

  • Must operate in a targeted industry (technology, life sciences, financial services, aerospace/defense)
  • Must create high-paying jobs in Utah
  • Post-performance credit — paid after generating new state revenues