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For 2018 and thereafter, the tax credit rates will be 20% of the first $2.5 It is equal to 34% of qualifying expenses when made in conjunction with an Arizona public university Companies with fewer than 150 employees may take 75% of the credit as a cash refund.
It is available for the tax years beginning after December 31, 2007, but before January 1, 2018 and remains effective for 10 years. Property taxes are forgiven for a period of time to allow the project to cashflow. COMMUNITY ECONOMIC DEVELOPMENT LOAN PROGRAM: Low-interest loans for projects in distressed communities.
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