Thursday, June 7, 2012

PA keystone opportunity zone lives on

PA has extended its Keystone Opportunity Improvement Zone tax exemptions, deductions, abatements, and credits, expanded existing zones, and created additional zones. The sunset date of 12/31/2018 has been repealed. Tax benefits available to businesses and residents located in KOZs, KOEZs, and KOIZs include a sales and use tax exemption, a property tax abatement, and credits against corporate and personal income, capital stock and franchise, insurance gross premiums, bank shares, and mutual thrift institutions taxes. Find more information here:

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