Tax Incentives

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• Tips for Muncipalities

  Here are a few resources to help towns/cities attract more investors to their Opportunity Zone projects.

• Defense Plant Zone

  Look into relief for communities hurt by a defense contract cutback or the closing of a major aerospace/defense plant.

• Enterprise Zone (targeted investment communities)

  Learn about which Connecticut cities and towns are approved to offer property tax incentives for acquisition, new construction and/or substantial renovation under CGS Sec. 32-70.

• Railroad Depot Zone

  Get the facts on incentives for businesses developing facilities around abandoned or underutilized railroad depots.

• Entertainment District

  Read which localities may offer manufacturing facilities the same Statutory benefits for plants, buildings and other real property improvements located in an entertainment district of a Targeted Investment Community.

• State Opportunity Zone Enhancements

  See how Connecticut has made it even more attractive to invest in its Opportunity Zones by extending other tax credits and prioritizing other incentives.

• Manufacturing Machinery and Equipment Tax Exemption

  Learn about a five-year, 100% property tax exemption for manufacturers buying eligible equipment.

• Angel Investor Tax Credit

  Learn how to gain a state income tax credit by investing at least $25,000 in a qualifying startup.

• Sales and Use Tax Exemption

  Discover tax relief for the purchase of qualified tangible property or projects contributing significantly to a targeted industry cluster.

• Airport Development Zone

  Discover incentives for businesses building or renovating facilities near Connecticut's airport development zones

• Enterprise Corridor Zone

  Find incentives for development along the Route 8 corridor and Interstate 395.

• A Summary of Connecticut's Enterprise Zone Program

  Learn about the different types of Enterprise Zones that offer diverse advantages for your business.

• Manufacturing Plant Zone

  See how qualifying municipalities can obtain this designation and earn Enterprise Zone benefits.

• Bioscience Enterprise Corridor Zone

  See how your company can take advantage of Enterprise-Zone benefits in targeted geographic areas.

• Contiguous Municipality Zone

  Get details on Enterprise Zone benefits for municipalities contiguous with Enterprise Zones in another municipality.