Local

Tax Increment Financing (TIF)

Tax increment financing is a financial tool widely used by local governments to promote economic development and redevelopment.  Local governments may consider the dedication of tax increment revenues for the purpose of public improvements for a project.

Economic Development Income Tax (EDIT)

Economic Development Income Tax (EDIT) funds may be an additional resource to be utilized to support expansion efforts or new development

Tax Abatement

Local governments in White County may offer a tax abatement deduction permitted by Indiana law up to ten (10) years on real and/or personal property.  The deductions are a percentage of the increases in the assessed valuation of real or personal property that will result from an expansion or new development.  The taxes are phased-in over the designated time period.

State

State Tax Information

http://www.in.gov/iedc/taxes.htm