Manufacturing Tax Exemptions is sponsored by Arizona Commerce Authority. Provides manufacturers a means of mitigating infrastructure costs by allowing construction Transaction Privilege Tax (sales tax) dollars to be redirected toward public infrastructure costs.

Business Tax Incentives & Grants | SRP Economic Development Property Search & Analysis Service Territory Contact Us Property Search & Analysis Consumer Expenditure Data Transportation Infrastructure Business Services & Information Technology Electric & Autonomous Vehicles Resources to grow your business From tax credits and incentives to programs designed to increase capital, the Greater Phoenix area offers a pro-business climate.

Business-friendly tax rates and programs Arizona offers the lowest flat tax rate in the nation at 2. 5% and a relatively low 4. 9% corporate income tax rate.

There is no corporate franchise tax, worldwide unitary tax, sales tax on manufacturing equipment or inventory tax. In addition, the state offers a variety of tax credit programs to help increase cash flow for your business. See a sample of Arizona tax credit programs Arizona Innovation Accelarator Fund $18.

2 million loan fund to stimulate financing to manufacturers Commercial/Industrial Solar Tax credit of up to $50,000 for installation of solar energy devices Job Training for New Employees Grants to cover 75% of an employer's eligible training expenses Qualified Facility Credit of $20k per Job Refundable tax credits of 10% of qualifying capital investment Energy Conservation Bonds Tax credit bonds available for retrofitting existing buildings More than $200 million in incentives is available, including refundable tax credits, grants and property tax reduction.

Explore the programs below. Qualified Facility Refundable Tax Credit Get a refundable income tax credit for creating or expanding manufacturing facilities in Arizona. Research & Development Tax Credit Get refundable and nonrefundable income tax credits for investments in research and development activities conducted in Arizona.

Get sales tax exemptions for data center equipment and construction for owners, operators, and colocation tenants. Foreign Trade Zone Program Businesses located in a foreign trade zone or sub-zone are eligible for up to a 72. 9% reduction in state real and personal property taxes.

Sales Tax Exemption for Manufacturing Get exemptions for machinery or equipment used in manufacturing, research and development, and more. Get income tax credits of up to $9,000 spread over a three-year period. Need more information?

See a complete list of incentives, rebates and other programs from the Arizona Commerce Authority. More incentives for businesses The Accredited Economic Development Organization (AEDO) Program recognizes the professional excellence of economic development organizations (EDOS) through the International Economic Development Council. The AEDO Program provides EDOs with independent feedback on their operations, structure and procedures.

SRP is one of only three utilities to have earned AEDO status.