Capital Investment Tax Credit

An annual credit against the Florida Corporate Income Tax for up to 20 years. Eligible projects are in designated, high-impact sectors, create at least 100 jobs, and invest at least $25 million in eligible capital costs. High-impact sectors include: silicon technology, biotechnology, biocertain transportation equipment manufacturing or certain information technology facilities. Eligible capital costs include expenses incurred in the acquisition, construction, installation and equipping of a project from construction to operation.