There are a variety of state and local incentives for corporations and other businesses to locate or expand their operations in the Milwaukee Region. Wisconsin tax incentives include exemptions, credits and other special corporate tax treatment along with preferential treatment of capital gains.
In addition, Wisconsin has designated certain areas as Economic Development Zones and local governments have created Tax Incremental Finance (TIF) districts. Businesses locating or expanding operations within Development Zones are eligible to claim development zone tax credits. Businesses locating operations within a TIF district benefit from infrastructure improvements financed by tax increments.
Southeastern Wisconsin is participating in the Wisconsin Technology Zone Program, which offers tax credit incentives to new and growing businesses in the state's high-technology sectors. Enterprise Development Zones offer tax credits in areas of the state suffering from high unemployment or other economic distress.
Tax Exemptions, Credits & Incentives is a fact sheet summarizing Wisconsin business incentives.
Wisconsin Business Incentives is a list of the state's primary business incentive programs with links to program details and application materials.
Counties and several communities have economic development programs that provide financial and technical assistance. The community economic development programs typically work in partnership with the private lending community and utilize similar credit analysis and underwriting criteria. Following are the local economic development programs in the region:
Kenosha County