Enterprise Zone Commercial Vehicle Tax Credit (Jefferson County, CO)

Enterprise Zone Commercial Vehicle Tax Credit (Jefferson County, CO) is sponsored by JeffCo EDC. This state tax incentive program allows businesses located in designated 'Enterprise Zones' within Jefferson County, CO, to claim a 1. 5% tax credit on commercial vehicle purchases.

Enterprise Zone : Jefferson County Economic Development Corporation The Enterprise Zone (EZ) program is designed to promote job creation, business growth and development opportunities in areas of the county targeted for economic stimulation.

Businesses locating within the Jefferson County Enterprise Zone may be eligible for one or several of the below state income tax credits related to hiring new employees, making investments in equipment, training employees, conducting research and development activities, and much more.

Prior to each income tax year, a business located in an EZ must apply and be pre-certified prior to beginning an activity to earn any of the business tax credits. At the end of the income tax year, a business must certify that the activities were performed. Jeffco EDC serves as the Enterprise Zone Administrator for Jefferson County, managing and marketing the program for the county.

Investment Tax Credit — 3% of capital investment purchases New Jobs Credit — $1,100/net new employee Health Insurance Credit — $1,000/employee first 2 years company in EZ Job Training Credit — 12% of qualified training expenses R&D Increase Tax Credit — 3% of increased R&D expenditures Vacant Building Rehab Credit — 25% of rehabilitation expenditures Commercial Vehicle Tax Credit — 1.

5% of commercial vehicle purchases To see if an address is in a Jefferson County EZ, please visit our interactive address map tool .