Idaho Department of Commerce seeks change to Tax Reimbursement Incentive program

The Idaho Department of Commerce will ask legislators to add a project category to the state’s Tax Reimbursement Incentive program so the program can better accommodate small businesses in 2017.

A TRI is a tax credit available to moving or expanding businesses. The credit can be worth up to 30 percent of a company’s income, payroll and sales taxes for as long as 15 years.

By: Benton Alexander Smith

Full Story: http://idahobusinessreview.com/2016/11/04/department-of-commerce-seeks-change-to-tri-program/