Resource Details

Business, Economic Development, Workforce

Business Development Tax Credit Program

The Business Development Tax Credit Program supports job creation, capital investment, training and corporate headquarters location or retention by providing businesses located in or relocating to Wisconsin with refundable tax credits that can help to reduce their Wisconsin income/franchise tax liability or provide a refund, thereby helping to enhance their cash flow to expand the project’s scope, accelerate the timing of the project or enhance payroll.

Eligibility

A business located in, or relocating to, Wisconsin may be eligible for BTC if the business’s net employment in the state increases each year for which the business claims tax credits. Tax credits are subject to retention requirements.

Top Benefits

  • Provides incentives to new and growing businesses in or moving to Wisconsin
  • Expected to assist 30 businesses to support the creation of 1500 jobs
  • Retention of 2500 jobs, and achieve a 20:1 leverage of other investment

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