Tax Incentives

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• An Overview on the Opportunity Zone Program

  Find incentives for eligible businesses to relocate and/or expand projects within a designated distressed community.

• Digital Animation Production Company Tax Credit

  Learn more about and find out how to apply for the 10 to 30% tax credit for digital animation production in Connecticut.

• Digital Media & Motion Picture Tax Credit

  Apply for tax credits of up to 30% for production and post-production expenses in Connecticut.

• Film/TV/Digital Media Tax Exemptions

  Find out more about the available tax exemptions on film, video and broadcast productions in Connecticut.

• Film Infrastructure Tax Credit

  Find out about the tax credit available for projects that build facilities and other structures for production in Connecticut.

• Federal Opportunity Zone Tax Benefits

  Learn more about the capital gains tax benefits available to qualified investors in Opportunity Zone projects.

• Municipal Tax Abatements

  Learn about local tax relief for firms making real estate and manufacturing equipment purchases.

• Tips for Muncipalities

  Here are a few resources to help towns/cities attract more investors to their Opportunity Zone projects.

• Opportunity Zone Resources

  Check out these additional resources that may be of interest to Opportunity Zone investors and developers.

• Corporate Business Tax Exemption

  See if your business is in one of four sectors earmarked for corporate tax relief.

• State Opportunity Zone Enhancements

  See how Connecticut has made it even more attractive to invest in its Opportunity Zones by extending other tax credits and prioritizing other incentives.

• Real and Personal Property Tax Exemptions

  Discover tax incentives to create jobs, ease inventory costs and modernize machinery.

• Manufacturing Machinery and Equipment Tax Exemption

  Learn about a five-year, 100% property tax exemption for manufacturers buying eligible equipment.

• Accumulated R&D Tax Credit Expansion Program

  Learn how to capitalize on unused tax credits if your capital project can increase jobs and deliver significant ROI to the state.

• Sales and Use Tax Exemption

  Discover tax relief for the purchase of qualified tangible property or projects contributing significantly to a targeted industry cluster.