Walker & Armstrong helps companies receive the Qualified Facility tax credit.
The Qualified Facility tax credit
is an Arizona refundable credit that promotes the location and expansion of manufacturing facilities, including manufacturing-related research and development or headquarters facilities.
This valuable state income tax credit is equal to the least of the following:
- 10% of the qualifying capital investment, or
- $20,000 per net new job at the facility, or
- $30 million per taxpayer per year.
After you have completed the pre-approval application process:
- You will enter into a written managed review agreement with the Arizona Commerce Authority (ACA).
- Walker & Armstrong's professionals are ACA-approved to perform the written managed review.
- After we submit our report to the ACA, you can submit an Application for Post-Approval, which paves the way for the tax credit.
Managed Review Testimonial - Economic Incentives Advisory Group
DOWNLOAD THE TESTIMONIAL HERE
"Walker & Armstrong ... has been exceptional in its professionalism, technical knowledge, communication skills, and response time. ... As we manage the day-to-day requirements of the program for our clients, we know that we can count on Walker & Armstrong to perform the Managed Review portion of the process efficiently and effectively and with complete respect to our clients and their schedules."
For more information about the Qualified Facility tax credit, visit the Arizona Commerce Authority website.