Tax Credits and Incentives
Employers are eligible for a full range of tax credit programs that can help businesses off-set business expenses. Programs include:
ENTERPRISE ZONE The Enterprise Zone program was established in 1984 to stimulate business investment in depressed areas of the State and create job opportunities for Californians. Today, businesses and workers both continue to benefit from the program. MORE >
WORK OPPORTUNITY TAX CREDIT The Work Opportunity Tax Credit is a federal income tax credit for employers who hire employees from eligible groups including youth, ex-offenders, and food stamp recipients. MORE >
BIOTECHNOLOGY PAYROLL TAX EXEMPTION San Francisco’s Mission Bay community is at the center of the biotechnology revolution. To support the expansion of this flourishing industry and the creation of new jobs, the City of San Francisco offers a payroll tax exemption for up to 7.5 years to San Francisco-based businesses engaged in biotechnology pursuits. MORE >
CLEAN TECHNOLOGY PAYROLL TAX EXEMPTION The City of San Francisco provides a payroll tax exemption for up to 10 years to clean technology companies located in the City. MORE >
|