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Taxes and Incentives |
| The Tucson MSA (Pima County) was ranked #1 for business recruitment and attraction in the mid-sized communities category by Expansion Management magazine in 2007. In addition, the City of Tucson was ranked the #5 mid-sized city for recruitment and attraction.
TREO understands the need for businesses to operate and grow within a profitable, pro-business environment. Offering an integrated approach to programs and services, TREO staff is available to assist new and existing companies in their efforts to grow within or locate to the Tucson region.
Businesses locating to Arizona can take advantage of incentive programs offered by the State of Arizona. TREO's staff is available to assist businesses in determining incentive eligibility and to answer any questions regarding specifics. (For other, specific business issues or concerns, a list of available resources in the local community can be found here.)
Incentive programs include the Enterprise Zone Program, Arizona Job Training Grants, and Foreign Trade Zone No. 174. Arizona’s new Renewable Energy Tax Incentive Program provides $350 million in incentives to attract the expansion of renewable-energy firms to expand their operations in the state. Learn more about it here.
Are You in the Zone? To determine if your business or employees are located in one of Tucson's tax incentive zones, select a zone below:
For a list of Arizona state incentives specific to the Solar and Renewable Energy industry, see this page: Solar Incentives.
The State of Arizona does not levy the following taxes:
- No corporate franchise tax
- No business inventory tax
- No income tax on dividends from out-of-state subsidiaries
- No worldwide unitary tax
- No sales tax on manufacturing equipment
- Aggressive accelerated depreciation schedules
- 100% of net operating loss may be carried forward for 5 years
Learn more about Business Development Resources:
Contact TREO
For more information about doing business in the Tucson region, contact our Business Development team at 520-243-1900 or 866-600-0331, or by clicking here.
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