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Excelsior Tax Credits
New York
State Excelsior Jobs Program
Enacted June
23, 2010
The Excelsior
Program replaces the Empire Zones Program as the primary economic
development program in the State.
Benefits
- Reduced state taxes
- No cost to the business
- Business located in former South Jamaica Empire Zone are eligible
for real estate tax credit
Eligibility
- Business must be in a targeted industry
- The business plans on increasing employment and/or making a capital investment
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