Enterprise Zone

• Qualifying businesses are eligible for a one-time tax credit of $2,500 ($5,000 for SIC 3720 aircraft & parts or 3760 guided missiles & space vehicles & parts, or NAICS 3363) for each net new permanent job created during the first five years of the project
• Workforce must increase by 10% within the first 12 months OR create five new jobs within the first 24 months of the project start date 
• Tax credit may be used to satisfy state income tax or state franchise tax obligations
• Businesses are also eligible for a rebate of state sales taxes on non-consumable materials used to construct/expand the business and machinery/equipment purchased during the construction period; the machinery must be used exclusively on site, in that specific business operation
• The state sales tax rebate covers only the construction period

Quality Jobs Program

• Employer must provide a basic healthcare plan to the individuals it employs in new direct jobs in which shall be determined to have a value of at least one dollar and twenty-five cents per hour
• For new direct jobs which pay at least fourteen dollars and fifty cents per hour in wages and healthcare benefits, the benefit rate shall be 5%; for new direct jobs which pay at least nineteen dollars and ten cents per hour in wages and healthcare benefits, the benefit rate shall be 6%
• Example: XYZ Company creates 50 new jobs with a new annual payroll of $2,000,000.  The rebate back to the company could be as high as $1,200,000 or $120,000 a year for 10 years
• Offers the option of receiving a rebate of State sales/use tax on materials purchased for new infrastructure, machinery, and equipment purchased during the construction period and used exclusively on site or a Refundable Investment Tax Credit equal to 1.5% of capitalized investment minus cost of land, interest, existing building acquisition costs, and the portion of manufacturing equipment that is exempt under Sales/Use tax laws.

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Angel Investor Tax Credit

• Allows an accredited investor to receive a 50% tax credit on Louisiana income or franchise tax liability for early-stage investments
• Useful for early-stage investments in the Louisiana Entrepreneurial Business

Restoration Tax Abatement

• Commercial property owners and homeowners who expand, restore, improve, or develop an existing structure in a qualifying district are eligible
• The program grants a five-year deferred assessment of the ad valorem property taxes assessed on renovations and improvements with an option for a second five-year exemption

Digital Interactive Media/Motion Picture/Sound Recording Tax Credits

• Provides a tax credit for investors that is calculated as a percentage of the total base investment dollars certified per production project
• Allows an additional labor tax credit based on payroll amount for each LA resident employed in connection with the production
• Investors in this industry are also able to transfer these earned credits for a percentage of the face value of the credits

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Freeport Law

• Permits most manufacturers to bring raw materials into the state without having to pay a tax on them until after they have been placed in the manufacturing process
• Cargoes in transit are exempt from taxation as long as they are kept intact within their smallest original shipping container
• Louisiana ports and distribution facilities are also eligible for Freeport Law exemptions

Industrial Property Tax Exemption

• New and expanding manufacturing operations or expansions are eligible for exemption of property taxes on new construction or additions to existing buildings; the purchase of permanently fixed equipment and machinery is also included
• A business can take advantage of this program for a period of five years; there is a provision for the granting of a second five-year exemption

Tax Equalization Program

• Eligibility includes new and expanding manufacturing establishments, headquarters, warehousing, and distribution facilities
• The program equalizes the overall taxes between a Louisiana site and a competing site in another state

Industry Assistance Program

• This program provides a tax exemption when manufacturers and their contractors give preference and priority to Louisiana manufacturers or Louisiana suppliers, engineers, contractors and labor, except where not reasonably possible
• Taxes or portions thereof to be exempt can include the following: the corporation franchise tax, state sales and use taxes on goods necessary for production, state sales and use taxes on machinery and equipment, the corporation income tax, and any other taxes imposed directly by the state on the applicant

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Inventory Tax Program

• Offsetting tax credit to compensate manufacturers, retailers, and distributors for ad valorem taxes paid on inventories
• These credits may be applied against State corporate franchise taxes and corporate and personal income taxes

Research & Development Tax Credit

• Allows existing businesses with operating facilities in Louisiana to establish or continue research and development activities within the state
• Companies claiming Federal income tax credit for research activities may claim against state income and corporation franchise taxes up to 8% of the state's apportioned share of increased R&D expenses or 25% of its apportioned share of federal research credit claimed under 26 USCA Sec. 41 (alternative incremental tax credit)
• Additional one-time tax credits may also be awarded to taxpayers who receive Small Business Innovation Research Grants in an amount equal to 8% of the award

Corporate Jobs Tax Credit

• One time tax credit ranging from up to $225 for each net new permanent job created as the result of a new business start-up or the expansion of an existing one
• Credits may be used to satisfy state corporate income tax obligations 
• Program is offered to most industries; however, it is not offered in conjunction with the Enterprise Zone program nor the Industrial Tax Exemption program

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