A chart is available from Commerce Finance listing each county s wage test. The tier of the county in which the firm operates determines the Tier Threshold.
Credit is to be taken in equal installments over four years following the year of hire.
The tier of the county in which the jobs are created determines the amount of tax credit per job. All training programs must be approved in advance of any training. A Central Administrative Office must hire, during the taxable year the property is first used as such, at least 40 full-time administrative positions to fill new positions at the office . The credit is taken in equal installments over the 7 years following the taxable year in which the property is used in this manner. There are no tier thresholds, industry classifications or application process for this credit.