Individual

Manufacturing

Pennsylvania

Those eligible to apply are qualified taxpayers who increase their annual taxable payroll by $1,000,000 through the creation of new full-time jobs. Qualified taxpayers must be subject to the Personal Income Tax (excluding employer withholding), Corporate Net Income Tax, Capital Stock/Foreign Franchise Tax, Bank Shares Tax, Title Insurance Companies Shares Tax, Insurance Premiums Tax, Gross Receipts Tax, and Mutual Thrift Institutions Tax.<br /><br />A Taxpayer which is increasing its annual taxable payroll in Year One by at least $1,000,000 above the amount in the base year solely through the creation of new full-time jobs is eligible to apply to the Department for a Manufacturing Tax Credit. The Taxpayer must also agree to retain the new jobs and the increase in payroll for at least five years from the Start Date. See program guidelines.