Pennsylvania, Business; Keystone Innovaton Zone Program

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Pennsylvania - Business

Keystone Innovaton Zone Program

John H. (207.255.23.71) -

KIZ Tax Credits are available to eligible companies located within a Keystone Innovation Zone. Your company may claim a tax credit equal to 50% of the increase in your gross revenue from year one to year two.
Example:
Year 1
Your company gross revenue = $10, 000
Year 2
Your company gross revenue = $210, 000
Year 3
Your company may apply for $100, 000 (50% of the $200, 000 increase in gross revenue.) Your company can then sell your tax credits to another PA company for cash.

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