TOTAL ESTIMATED OPEX
$0.70/PSF
INCENTIVES
Real Estate tax abatement on improvements for 10 years
KEYSTONE OPPORTUNITY ZONE (KOZ)
Through credits, waivers and broad-based tax incentives, total taxes on economic activity in the KOZ are significantly reduced.
THESE BENEFITS REDUCE OR ELIMINATE THE FOLLOWING TAXES:
PENNSYLVANIA
• Corporate net income tax
• Personal income tax
• Sales and Use tax (Purchases consumed and used by the qualified business in the zone)
• Mutual Thrift Institution tax
• Bank and Trust Company Shares tax
PHILADELPHIA
• Earned Income / Net Profits tax
• Business Gross Receipts, Business Occupancy, Business Privilege and Mercantile tax
• Sales and Use tax (County/City; Purchases exclusively used and consumed by the qualified business in the zone)
• Property tax
