Empire Zone Investment Tax Credit

About

State Empire State Development

Businesses that still have Empire Zone Certification can get an Incentive Tax Credit (ITC).

Please note that the Empire Zone program is closed to new participants.

Businesses that invest in property or equipment for research or manufacturing can get the ITC. Firms must not be decreasing employment. The credit covers part of the franchise and income taxes.

Additional resources

Instruction for EZ Investment Tax Credit and Employment Incentive credit (FORM CT-603i) (PDF)

Claim for EZ Investment Tax Credit and EZ Employment Incentive Credit (Form CT-603) (PDF)

Empire State Development Homepage

Empire Zone Homepage

Department of Taxation and Finance

Empire State Development

Address
Small Business Division

633 Third Avenue, 33rd Floor

New York NY 10017

Website http://esd.ny.gov/businessprograms/EmpireZones.html

Phone (800) 782-8369