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:
Maine
Reporting Jurisdiction:
Maine
Jurisdiction type
:
State
:
Fiscal year ending In:
2018
Program name:
Pine Tree Development Zone Tax Credit
Program purpose:
Business incentive
:
Statutory authority:
36 M.R.S.A. ?5219-W
:
Abating jurisdiction(s):
State of Maine
:
Applicable taxes:
Personal Income Tax; Corporate Income Tax; Insurance Premium Tax; Bank Franchise Tax; Sales Tax
Method of abatement:
Tax credit
:
Provisions for recapture:
(no provisions for recapture)
:
Gross revenue loss:
$2,783,415
:
Reimbursement / offset:
$0
:
Net revenue loss:
$2,783,415
:
Type of loss:
Active
:
Additional notes on dislosure:
(none)
