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 The sunset date of 12/31/2018 has been repealed.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:
Thursday, June 7, 2012
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