3% INVESTMENT TAX CREDIT - This credit is available for qualifying new investments in tangible personal property in Idaho. It can offset up to 50 percent of a company’s state income tax liability and may be carried forward up to 14 years.
Qualified Investment Exemption
This exemption may be applied in lieu of the invest tax credit. A two-year exemption from property tax on qualified personal property is available only if a loss was incurred in the second preceding tax year in which the property is place in service.

3% BROADBAND TELECOM TAX CREDIT - An additional 3 percent investment tax credit of up to $750,000 in any one year on Idaho state income tax is allowed for qualified broadband equipment and infrastructure used primarily to provide services to public subscribers in Idaho. The credit is transferable and may be carried forward up to 14 years.

NEW EMPLOYEE TRAINING REIMBURSEMENT - Training costs are reimbursed up to $2,000 for each new job paying $12 an hour or more, plus benefits, created by companies qualifying for Idaho’s Workforce Development Training Fund program. Up to $3,000 reimbursement per new job is allowed in select rural counties.

$1,000 NEW JOBS INCOME TAX CREDIT - This credit is available to any business adding new employees who work at least 20 hours at $15.50 an hour or more and who are eligible to receive employer-provided coverage under an accident or health plan. The credit may be carried forward up to three years.

$500 NEW JOBS INCOME TAX CREDIT - Available for businesses that produce, assemble, fabricate, manufacture or process natural resource products. This credit may not be combined with the $1,000 new jobs tax credit.

5% RESEARCH AND DEVELOPMENT INCOME TAX CREDIT - The cost of basic and qualified research performed in Idaho qualifies for this credit, which may be carried forward up to 14 years.

100% PRODUCTION SALES TAX EXEMPTION - Idaho sales and use tax exemptions are available for equipment and raw materials used directly in manufacturing, processing, mining, fabrication or logging operations; clean rooms used in semiconductor and semiconductor equipment manufacturing; and any equipment or material used in research and development activities.

NET OPERATION LOSS DEDUCTIONS - Losses up to $100,000 per tax year can be carried back for two years. Losses not absorbed in two years may be carried forward for up to 20 years.

100% PROPERTY TAX EXEMPTION - Business inventory and registered motor vehicles, vessels, and aircraft are exempt from property tax.

100% GOODS-IN-TRANSIT TAX EXEMPTION - Goods temporarily stored in Idaho for shipment elsewhere is exempt from property tax, and goods purchased by a carrier in its business and delivered outside of Idaho are exempt from sales tax.

100% POLLUTION CONTROL EQUIPMENT TAX EXEMPTION - No sales or use tax is collected on equipment required by state and federal regulation. Required pollution control facilities are exempt from property tax.

100% INDUSTRIAL FUELS AND RAW MATERIALS EXEMPTION FROM SALES TAX

100% Utility Sales Tax Exemption - The cost of utility usage, such as power, water, natural gas and telephone service, is exempt from sales tax in Idaho.

IDAHO PRIME RATE LOAN PROGRAM - Offers low interest loans for any purpose to qualifying small businesses by commercial banks and have up to 85% Small Business Administration guaranty.

UP TO $20 MILLION IN INDUSTRIAL REVENUE BONDING - Tax free bonds to finance manufacturing, processing, production, and assembly projects are issued by a public corporation with the project or business serving as collateral.

TAX CAP ON PROPERTY VALUES EXCEEDING $800 MILLION - Companies with property in a single county valued over $800 million are exempt from paying property taxes on the excess value if they make a yearly capital investment of at least $25 million in the county and employ a minimum of 1,500 full-time employees in the county.