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.
State:
Idaho
Reporting Jurisdiction:
Idaho
Jurisdiction type
:
State

Fiscal year ending In:
2020
Program name:
Idaho Business Advantage
Program purpose
:
Business attraction/retention

Statutory authority
:
Idaho Code Sections 63-4401 through 63-4409

Abating jurisdiction(s)
:
State of Idaho

Applicable taxes:
Corporate 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
:
$451,325

Reimbursement / offset
:
$0

Net revenue loss
:
$451,325

Type of loss
:
Active

Additional notes on dislosure:
(none)