Idaho Business Advantage Analysis - Program Overview | Idaho Economy

Overview of Idaho Business Advantage Program

Requirements:

Minimum investment of $500,000 in new facilities
Creation of at least 10 new jobs paying $40,000 annually plus benefits
Average wage of $15.50/hour plus benefits for additional new employees during the project period

Benefits:

Enhanced Investment Tax Credit of 3.75%
Real Property Improvement Tax Credit of 2.5%
Sales and Use Tax Rebate of 25%
Small Employer Growth Incentive Exemption (property tax exemption)
New Jobs Income Tax Credit

Notably, utilizing the Business Advantage program does not preclude a company from also pursuing the Idaho Tax Reimbursement Incentive (TRI), allowing for potential stacking of benefits.