Taxes
Massachusetts offers a business-friendly economic climate which encourages investment, spurs innovation, rewards job creation, supports infrastructure improvements and attracts new business.
- Ranked 32 in the nation for its state tax burden
- Tax credits for property investments
- Reduced tax burden for manufacturers through Single Sales Factor
- State and local incentives for economic development
- Tax credits to support research and development
- Incentive payments for job creation
- Tax-exempt financing for manufacturers
- Hiring and training grants
- Grants to revitalize distressed areas and renovate abandoned buildings
- Brownsfield financing
- Bond financing programs
- Equipment/lease purchase program
- Financing to enhance export activities
- Venture capital
To find out how you can take advantage of these incentives, contact our Economic and Community Development Team by email or by phone at (413) 787-9333. We can help.
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