- 3% Investment Tax Credit is available for new depreciable, tangible, personal property (machinery and equipment) used in Idaho.
- Idaho College Savings Program Employer Tax Credit provides employers with a 20% tax credit for contributions made to an employee’s IDeal college savings account. The tax credit is capped at $500 per employee, per taxable year.
- Idaho Tax Reimbursement Incentive is a performance-based incentive featuring a tax credit of up to 30% for up to 15 years on new state tax revenues generated by companies seeking to expand in or relocate to Idaho by adding new, qualifying jobs.
- Data Center Sales Tax Exemption is available for new data centers choosing to locate in Idaho. The exemption will be applied to server equipment and construction materials used in the construction of the data center facility.
- Property Tax Exemption, both full and partial, is available for businesses investing at least $500,000 in new or existing non-retail, commercial or industrial facilities for up to five years.
- Idaho Opportunity Fund is available for infrastructure improvements to help attract or accommodate a new commercial or industrial facility.
- Idaho Business Advantage – If your business invests at least $500,000 in new facilities and creates at least 10 jobs paying at least $40,000 a year with benefits, you may qualify for a wide package of incentives, including tax credits, sales tax rebates, and property tax exemptions.
- Workforce Development Reimbursements available, up to $3,000, for the training of new, full-time employees or for helping retain employees facing permanent layoff through workforce development training reimbursements.
