{ "culture": "en-US", "name": "Enterprise_Zone", "guid": "53219D90-264C-4AC3-AAE8-1D28F06825B6", "catalogPath": "", "snippet": "Used in conjunction with a paper application to determine eligibility. If determined to be eligible, you will receive a letter from the Enterprise Zone Administrator indicating which tax credit(s) you are eligible to receive", "description": "

Enterprise Zone Property Tax Credit<\/SPAN><\/P>

The Enterprise Zone Real Estate Property Tax Credit is an incentive for businesses to locate or expand facilities in designated areas. For either a new or an expanding business which meets the eligibility requirements, the amount of the credit is 80% of the taxes due on any expansion, renovation or capital improvement in the property over the first five years. For the subsequent five years, the credit decreases 10% annually (70%, 60%, 50%, 40%, 30%). In a focus area, the credit is 80% for ten years. After ten years of property tax credits, the property is returned to the tax rolls at its full-assessed value.<\/SPAN><\/P>

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Enterprise Zone Income Tax Credit<\/SPAN><\/P>

Maryland\u2019s Enterprise Zone Program provides special tax credits to encourage businesses in the enterprise zone to create new jobs. The credits are more valuable than deductions because credits are subtracted directly from income tax liability. There are actually two types of income tax credits for firms in an enterprise zone: a general income tax credit and a larger income tax credit for hiring economically disadvantaged employees. Firms in focus areas receive enhanced credits.<\/SPAN><\/P>

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Fact Sheet<\/SPAN><\/A><\/P><\/DIV><\/DIV><\/DIV>", "summary": "Used in conjunction with a paper application to determine eligibility. If determined to be eligible, you will receive a letter from the Enterprise Zone Administrator indicating which tax credit(s) you are eligible to receive", "title": "Enterprise Zone", "tags": [ "City of Salisbury", "IS: GIS", "Boundary", "Business Development", "Programs & Initiates", "Tax Credit", "Boundaries", "Open Data", "Public" ], "type": "Feature Service", "typeKeywords": [ "ArcGIS", "ArcGIS Server", "Data", "Feature Access", "Feature Service", "providerSDS", "Service" ], "thumbnail": "thumbnail/thumbnail.png", "url": "", "extent": [ [ -75.6288425000495, 38.3276214126751 ], [ -75.4852141141152, 38.4337662627427 ] ], "minScale": 0, "maxScale": 1.7976931348623157E308, "spatialReference": "NAD_1983_StatePlane_Maryland_FIPS_1900", "accessInformation": "City of Salisbury, Department of Information Services: GIS Division", "licenseInfo": "

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