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Huntington Kinetic Park Reduced B&O Tax Rate
Huntington offers a reduced B&O tax rate for qualifying businesses that locate in Kinetic Park.
About this program
The City of Huntington provides a local Business and Occupation tax incentive for qualifying businesses that locate in Kinetic Park. Under the incentive, eligible businesses may receive a reduced B&O tax rate of 50 percent for 10 years. The incentive is designed to encourage investment, site development, and job creation in Huntington's Kinetic Park business development area.
Eligibility
Businesses locating in Kinetic Park in Huntington may apply for reduced B&O tax treatment if they meet city eligibility and compliance requirements.
Requirements
- Business must locate in Kinetic Park within the City of Huntington.
- Business activity must be eligible for the city's reduced B&O tax rate incentive.
- Applicant must provide location, business activity, tax, investment, employment, and project documentation requested by the city.