TYPES OF TAX INCENTIVES
Discretionary Incentives
States and municipalities attract businesses with negotiable tax and grant programs designed to stimulate the local economy.
Facts about discretionary incentives
- Types of discretionary benefits
- Tax credits
- Financing benefits
- Grants
- Tax exemptions/abatements
- Infrastructure assistance
- Where my business can save
- Employment
- Training
- Property & capital investments
- Research and development
- How I can use these incentives
- Site development
- Business expansion
- Job creation/workforce expansion
- Agricultural production/processing
- Infrastructure cost reduction
Soar to New Heights with Tax Incentives
Let CTI capture funding for you by maximizing tax incentives for your business through expert know-how and personalized service.
Why CTI for discretionary incentives
Not Your Standard Incentive
These incentives go beyond the standard published programs. The value of the available incentive is considered a variable in the overall investment decision of the business and best negotiated by a seasoned professional.
Benefits in the Details
Discretionary incentives require a more comprehensive approach as they vary state by state and often include multiple jurisdictions - which can add diverse regulatory considerations.
‘But for’ Clause
The incentives’ mandatory ‘but for’ clause necessitates that a company cannot otherwise pursue the proposed project or investment without the help of said incentives and should present a ‘willing-to-walk’ posture as opposed to an ‘all-in’ commitment. CTI possesses the expertise to navigate this requirement successfully.
A big part of the solution that impacted Amtec was CTI had a dedicated project manager who interacted with my payroll and back office team. Having a live person on the phone for the candidate to answer the questions and fill out the form was a big thing that made the candidate experience world class.
Jay Ramos, President
Soar to New Heights with Tax Incentives
Reach out to a tax consultant to learn how CTI powers your business for success.
