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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateIdaho
Effected JurisdictionIdaho
Jurisdiction type: State
Fiscal year ending In2022
Program nameIdaho Business Advantage
Program purpose: Business attraction/retention/expansion
Statutory authority: Idaho Code Sections 63-4401 through 63-4409
Abating jurisdiction(s): State of Idaho
Applicable taxesCorporate Income Tax; Sales and Use Tax
Method of abatement: Tax Credit; Tax Rebate
Provisions for recapture: In the event that any person to whom a Tax Credit allowed by Idaho Code Sections 63-4403, 63-4404 or 63-4405, fails to meet the tax incentive criteria, the full amount of the credit shall be subject to recapture by the commission.
Gross revenue loss: $1,398,387
Reimbursement / offset: $0
Net revenue loss: $1,398,387
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://www.sco.idaho.gov/ViewerFiles/CAFR-Complete-2022/docs/2022-Annua...