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Instructions for Employment Tax Increment Financing (Etif) Program Business Certification Application - Maine
This document was released by Maine Department of Economic & Community Development and contains the most recent official instructions for Employment Tax Increment Financing (Etif) Program Business Certification Application .
FAQ
Q: What is the Employment Tax Increment Financing (ETIF) Program?
A: The ETIF program is a tax incentive program offered in Maine.
Q: What is the purpose of the ETIF Program?
A: The program aims to attract and encourage business growth and job creation in Maine.
Q: Who is eligible for the ETIF Program?
A: Any business in Maine that creates new jobs and meets specific criteria may be eligible for the program.
Q: How does the ETIF Program work?
A: The program allows eligible businesses to receive a portion of their employee's withholding taxes as a refund, to be reinvested in the business.
Q: What are the requirements for the ETIF Program?
A: To be eligible, businesses must demonstrate job creation and meet certain wage and benefit requirements.
Q: How do I apply for the ETIF Program?
A: To apply, you must complete the Employment Tax Increment Financing (ETIF) Program Business Certification Application.
Instruction Details:
- This 3-page document is available for download in PDF;
- Might not be applicable for the current year. Choose a more recent version;
- Complete, printable, and free.
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