Developmental Benefits: Go Zone Tax Credits

READ Page Here: http://www.broadwaysouth.com/learn/dev_benefits_go_zone.html

Some of the benefits to local parishes have separate deadlines. For example, GO Zone benefits in Jefferson Parish are good through 2008 and in Orleans Parish in 2010.

Exempt from both federal and state income taxes and exempt from inclusion of the federal Alternative Minimum Tax

Borrowed costs can be as low as 1.5% to 2% below conventional financing
Must be used for qualified commercial projects and are available to private businesses and developers for a wide range of development projects
Major incentive for investment in the Go Zone by startups, expanding businesses, and national and international developers

Related Documents:
GO Zone Guide
http://www.gozoneguide.com/