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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