The Saratoga
County Empire Zone can virtually be a "tax-free"
zone in best-case scenarios through a combination
of New York State Tax credits, reduced utility rates, authorization
for special low-interest loans, and priority attention from
State agencies for new and expanding businesses.
The Saratoga County Empire Zone consists
of two square miles of designated land in locations throughout
Saratoga County. The Saratoga County Empire Zone was designated
on December 18, 2001. Businesses that locate within
the boundaries of the Empire Zone and meet the objectives
of the Saratoga County Empire Zone Development Plan may qualify
for advanced New York State Tax credits for creating new
jobs and making new capital investment
in their business. |