Incentives

Here in Kuna, we can add to the State's incentives with our own local incentive programs. All projects are evaluated individually and confidentially.

Idaho Economic Development Incentives

Incentives are Idaho's investment in its economic future. Through the following incentives, Idaho continues to demonstrate its willingness to invest in those who invest and reinvest in the State of Idaho.

Tax Reimbursement Incentive

 Expanding or relocating to Idaho is a decision that could provide a big return on your investment! Our Tax Reimbursement Incentive can provide a tax credit of up to 30% on Income, Payroll, and Sales Tax for up to 15 years. The incentive is available for a broad range of industries, and the best part is that it's open to existing Idaho businesses looking to expand and new businesses coming into Idaho.

Eligibility:

  • Companies in rural areas must create 20 new jobs, and those in urban centers must create 50.
  • New jobs must be full-time (30 hours or more) and pay equal to or greater than the average county wage.
  • Company must prove its stability and a significant economic impact to the community and Idaho.
  • Company must prove that the incentive is a critical factor to its decision.

The tax reimbursement incentive program is effective July 1, 2014. Contact us to learn more and we can calculate an estimate for you.

Idaho Business Advantage (For qualifying companies)

  • Increases the Investment Tax Credit to 3.75% against the corporate income tax
  • Real Property Improvement Tax Credit of 2.5% against corporate income tax
  • New Jobs Tax credit increases the corporate income tax credit per job depending on wages paid
  • Sales and Use Tax Rebate of 25%
  • Small Employer Growth Incentive

Workforce Development Training Fund

Businesses can receive up to $3,000 in cash reimbursements for the training of full-time, new employees or for helping retain employees facing permanent layoff..

Idaho Opportunity Fund

Legislation created in 2013, established a new grant program which allows the Director of Idaho Department of Commerce to direct funds to projects for infrastructure needs within the community. This $3 million fund will be used within this year to help "close" new projects.

3% Investment Tax Credit

A credit against Idaho corporate income tax for qualifying new investment in depreciable, tangible personal property (machinery and equipment) used in Idaho.

Idaho Power Industrial Efficiency Incentive

Cash incentive for energy efficient designs.

Property Tax Exemption

If your business invests $3 million in new manufacturing facilities, you may qualify for a full or partial property tax exemption for up to five (5) years.

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