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Enterprise Zone Tax Credits
Colorado’s Enterprise Zone Program is designed to spur economic and community development in targeted geographies around the state. Private businesses located within an Enterprise Zone may qualify for incentives related to business investment, company expansion, and/or new business relocation.
Visit the Colorado Office of Economic Development & International Trade (OEDIT) website for a comprehensive list of business tax credits.
Please note that all business must pre-certify with the State prior to performing an activity that will earn an Enterprise Zone tax credit. Please take a moment to submit your 2014 electronic pre-certification today!
The State of Colorado recently made changes to the Enterprise Zone pre-certification and certification portal. In order to pre-certify for 2014 and beyond, please click here.
IMPORTANT CHANGES COMING TO THE ENTERPRISE ZONE!
For 2014-2015, there may be significant changes coming to the Larimer County Enterprise Zone. If you are a CPA, your business has applied for or has considered applying for, or you just want to know more about Enterprise Zone Tax Credits, please contact Jacob Castillo, Enterprise Zone Administrator.
To learn more about Business Tax Credits, explore these links:
Contribution Tax Credit
In addition to tax credits for private businesses, the Enterprise Zone Program encourages contributions to non-profit organizations that serve an Enterprise Zone and the population therein.
Taxpayers who make a monetary contribution to an approved Enterprise Zone Project may claim a 25% state income tax credit based on the value of the contribution (up to a maximum $100,000 credit.) In-kind contributions may also qualify the taxpayer to claim a 12.5% state income tax credit based on the value of the contribution.
For more information on Contribution Tax Credits, explore these links:
Are you a non-profit organization that is located within the zone and/or services a population within the zone and would like to learn how to become a certified Enterprise Zone project? Please contact:
Larimer County Enterprise Zone Administrator
970-498-6605 or firstname.lastname@example.org