$5.0M
per applicant
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
Refundable tax credit for companies that relocate their corporate or divisional headquarters to Indiana, creating at least 75 qualifying jobs. Credit equals 50% of costs associated with the headquarters move, up to $5 million, with enhanced benefits for Fortune 500 relocations.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Company must relocate a corporate or divisional HQ to Indiana
2.Minimum 75 new qualifying HQ jobs within 3 years
3.Qualifying wages: at least 125% of county median wage
4.Credit: 50% of relocation costs, up to $5M
5.Must apply to IEDC before the relocation commences
DCEO · Illinois
Corporate income tax credits for Illinois businesses retaining employees or creating new jobs, calculated as a percentage of income taxes attributable to qualifying Illinois employees.
IEDC · Indiana
Tax credits for Indiana businesses retaining well-paid employees, calculated as a percentage of payroll for existing Indiana employees to incentivize companies to keep operations and headquarters in the state.
CDFI Fund · United States
Attracts private investment into low-income communities by allowing investors to receive a 39% federal tax credit over 7 years on investments made through certified Community Development Entities (CDEs).