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Keystone Opportunity Zones (KOZ) Thru 2027
Binding ordinances and resolutions are passed granting the waiver, abatement or exemption of certain state and local taxes. Depending on the situation, the tax burden maybe reduced to zero through exemptions, deductions, abatements and credits for state and local taxes.
State Taxes Eligible for Waiver:
• Corporate / Personal Net Income
• Sale & Use Taxes
• Several Others
Local Taxes Eligible for Waiver:
• Earned Income / Profits Tax
• Property Taxes
• Gross Receipts / Business Privilege Taxes
• Sales & Use Taxes
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