Tax Incentives http://boisestatepublicradio.org en Gov. Otter Signs Tax Incentive Bill To Lure Businesses To Idaho http://boisestatepublicradio.org/post/gov-otter-signs-tax-incentive-bill-lure-businesses-idaho <p></p><p>Gov. C.L. "Butch" Otter is backing legislation aimed at creating jobs and bringing business to Idaho.</p><p>Otter on Thursday signed the bill into law that refunds up to 30 percent of state corporate income taxes, payroll taxes and sales taxes to businesses that create a certain number of new jobs.</p><p>The measure mandates workers must be paid wages that at least match the county average.</p><p>The bill hit some speed bumps during the session, drawing the ire of small business owners who said the tax breaks give an unfair edge to their larger competitors.</p> Thu, 03 Apr 2014 21:43:15 +0000 Associated Press 42898 at http://boisestatepublicradio.org Gov. Otter Signs Tax Incentive Bill To Lure Businesses To Idaho Tax Incentive Plan Passes Senate Again In Revote http://boisestatepublicradio.org/post/tax-incentive-plan-passes-senate-again-revote <p></p><p>An Idaho tax incentive bill is again bound for the governor's desk after sponsors say they've addressed concerns from the attorney general's office.</p><p>The bill, which would give up to 30 percent in tax incentives to job-creating businesses, already passed the Senate Monday.</p><p>But Senate leaders called for a revote after the attorney general's office released an opinion saying it could leave Idaho on constitutionally shaky ground.</p> Wed, 19 Mar 2014 17:53:51 +0000 Associated Press 41984 at http://boisestatepublicradio.org Tax Incentive Plan Passes Senate Again In Revote Business Tax Incentive Bill Heads To Idaho Senate Revote After Changes http://boisestatepublicradio.org/post/business-tax-incentive-bill-heads-idaho-senate-revote-after-changes <p></p><p>Legislators say they'll change a tax bill before trying it again on the Senate floor, after the attorney general's office said it might leave Idaho on constitutionally shaky ground.</p><p>The bill, which would give up to 30 percent in tax incentives to job-creating businesses, cleared the Senate 29-6 Monday.</p><p>But that was before Deputy Attorney General Chelsea Kidney released an opinion that giving a seven-member board the final word on who gets tax breaks could result in unequal treatment of identical businesses.</p> Tue, 18 Mar 2014 18:52:57 +0000 Associated Press 41925 at http://boisestatepublicradio.org Business Tax Incentive Bill Heads To Idaho Senate Revote After Changes Idaho Commerce Director Pitches New Business Tax Incentive http://boisestatepublicradio.org/post/idaho-commerce-director-pitches-new-business-tax-incentive <p>Idaho's lackluster quiver of tax incentives make it flyover country for many companies looking to relocate or expand.</p><p>That's the verdict of Department of Commerce Director Jeff Sayer, who pitched a plan Friday he says would change that.</p><p>Sayer's proposition: What if Idaho allows companies that hire new, well-paid employees to recoup up to 30 percent of their income, sales and payroll taxes after they've proven to have met their expansion promises?</p><p>That way, he says, the state would protect itself from companies that don't follow through.</p> Fri, 21 Feb 2014 18:15:47 +0000 Associated Press 40562 at http://boisestatepublicradio.org Washington Lawmakers Hear Pitch For Corporate Tax Disclosure http://boisestatepublicradio.org/post/washington-lawmakers-hear-pitch-corporate-tax-disclosure <a href="http://cpa.ds.npr.org/northwestnews/audio/2013/11/120513AJ_CorporateTaxes_web.mp3" class="asset-audio"></a><p>The issue of tax transparency in Washington is getting fresh attention on the heels of a major tax deal for Boeing.<p> Fri, 22 Nov 2013 22:50:00 +0000 Austin Jenkins 35899 at http://boisestatepublicradio.org Washington Lawmakers Hear Pitch For Corporate Tax Disclosure Idaho Legislature Approves $20.7 Million In Tax Cuts http://boisestatepublicradio.org/post/idaho-legislature-approves-207-million-tax-cuts <p>The Idaho Legislature will go home today having approved nearly $20.7 million in tax cuts. That’s a fraction, less than one percent, of the state’s <a href="http://legislature.idaho.gov/budget/publications/GFBudgetUpdate/BudgetUpdate.pdf" target="_blank">general fund budget</a>.</p> Thu, 04 Apr 2013 22:00:45 +0000 Emilie Ritter Saunders 23530 at http://boisestatepublicradio.org Idaho Legislature Approves $20.7 Million In Tax Cuts Girl Scout Cookie Tax Break Passes Idaho House, Could Face Uphill Battle In The Senate http://boisestatepublicradio.org/post/girl-scout-cookie-tax-break-passes-idaho-house-could-face-uphill-battle-senate <p>A sales tax exemption for Girl Scout cookies sold in Idaho will advance to the upper chamber after lawmakers in the House approved the measure 59-11.</p><p><a href="http://stateimpact.npr.org/idaho/2013/02/07/girl-scout-cookies-sold-in-idaho-theres-a-tax-on-that/" target="_blank" title="Girl Scout Cookies Sold In Idaho? There’s A Tax On That">Idaho and Hawaii are the only two states</a> that tax the sale of Girl Scout cookies. In Idaho, 22 cents from every box sold goes to the state. That amounts to about $140,000 in revenue each year.</p> Tue, 19 Mar 2013 20:40:41 +0000 Emilie Ritter Saunders 22702 at http://boisestatepublicradio.org Girl Scout Cookie Tax Break Passes Idaho House, Could Face Uphill Battle In The Senate What Some States Do To Disclose Tax Incentive Info http://boisestatepublicradio.org/post/what-some-states-do-disclose-tax-incentive-info <p>A recent report from Pew Center on the States lists Idaho among 26 states &lsquo;trailing behind<a href="http://stateimpact.npr.org/idaho/2012/04/13/study-idaho-trailing-behind-on-measuring-tax-incentive-effectiveness/" target="_blank" title="Study: Idaho ‘Trailing Behind’ On Measuring Tax Incentive Effectiveness">&rsquo;</a> when it comes to evaluating tax incentives.&nbsp; That is, having a mechanism in place to take a closer look at the state-specific incentives and exemptions on a regular basis, and to evaluate if they&rsquo;re doing what they were intended to do.&nbsp; In most cases, t Fri, 04 May 2012 20:22:54 +0000 Emilie Ritter Saunders 5528 at http://boisestatepublicradio.org What Some States Do To Disclose Tax Incentive Info Q&A: Who Gets Idaho's Tax Breaks? Why Details Are In The Dark http://boisestatepublicradio.org/post/qa-who-gets-idahos-tax-breaks-why-details-are-dark <p><em>StateImpact Idaho</em> has rolled out a series of stories this week on tax incentive transparency in Idaho.&nbsp; That is, what is and isn&rsquo;t public information when it comes to business tax credits and exemptions.&nbsp;</p><p>Almost always, tax incentives are created in the name of economic development.&nbsp; But in Idaho, little information is available about whether these incentives create jobs and grow companies.&nbsp;</p> Fri, 04 May 2012 13:30:00 +0000 Emilie Ritter Saunders & Scott Graf 5461 at http://boisestatepublicradio.org Q&A: Who Gets Idaho's Tax Breaks? Why Details Are In The Dark Open Government Advocate: Tax Incentive Details Should Be Public Info http://boisestatepublicradio.org/post/open-government-advocate-tax-incentive-details-should-be-public-info <p><em>Good Jobs First is a non-partisan, non-profit government transparency advocacy group based in Washington, D.C.&nbsp; It was founded in 1998 by Greg LeRoy, who is now executive director. LeRoy has been studying tax incentive transparency for more than two decades.&nbsp; We recently spoke with him to learn more about what he considers &lsquo;transparent enough,&rsquo; and what states are doing to open incentive information to the public.&nbsp;</em></p> Thu, 03 May 2012 19:10:08 +0000 Emilie Ritter Saunders 5453 at http://boisestatepublicradio.org Open Government Advocate: Tax Incentive Details Should Be Public Info Do Business Incentives Create Jobs? Idaho Is One Of 13 States In The Dark http://boisestatepublicradio.org/post/do-business-incentives-create-jobs-idaho-one-13-states-dark <p>The state of Idaho will give up an estimated<a href="http://stateimpact.npr.org/idaho/2012/04/30/tax-credit-roundup-what-you-need-to-know/" target="_blank" title="Tax Credit Roundup: What You Need To&nbsp;Know"> $845 million</a> this year in the form of tax credits and exemptions.&nbsp; And only a select few at the <a href="http://stateimpact.npr.org/idaho/topic/state-tax-commission/" target="_blank" title="Understanding the Idaho State Tax Commission">Idaho Tax Commission</a> know exactly where that money&nbsp;goes.</p> Wed, 02 May 2012 18:18:09 +0000 Emilie Ritter Saunders 5374 at http://boisestatepublicradio.org Do Business Incentives Create Jobs? Idaho Is One Of 13 States In The Dark Study: Idaho 'Trailing Behind' On Measuring Tax Incentive Effectiveness http://boisestatepublicradio.org/post/study-idaho-trailing-behind-measuring-tax-incentive-effectiveness <p>A new 55-page <a href="http://www.pewcenteronthestates.org/uploadedFiles/015_12_RI%20Tax%20Incentives%20Report_web.pdf" target="_blank">report</a> from The Pew Center on the States shows most states don&rsquo;t really know if business <a href="http://stateimpact.npr.org/idaho/2011/11/04/tax-credit-tradeoff-elusive-to-measure/" target="_blank" title="Tax Credit Tradeoff Elusive To Measure">tax incentives</a> are boosting job growth.</p> Fri, 13 Apr 2012 16:34:28 +0000 Emilie Ritter Saunders 4097 at http://boisestatepublicradio.org Study: Idaho 'Trailing Behind' On Measuring Tax Incentive Effectiveness Session Wrap: Lawmakers Expand Tax Exemptions http://boisestatepublicradio.org/post/session-wrap-lawmakers-expand-tax-exemptions <p>Free samples of beer and wine are now tax-free.&nbsp; So are parts for some airplanes that are worked on in&nbsp;Idaho.</p><p>Lawmakers expanded and added new tax exemptions during the 2012 session, <a href="http://commerce.idaho.gov/assets/content/docs/Business%20Incentive%20Manual%202.pdf" target="_blank">adding to a growing list</a> (exemptions start on page&nbsp;41).</p><p>Lets start with the&nbsp;new.&nbsp; <a href="http://stateimpact.npr.org/idaho/2012/04/04/session-wrap-lawmakers-expand-tax-exemptions/">Continue reading</a>....</p> Wed, 04 Apr 2012 20:34:09 +0000 Emilie Ritter Saunders 3624 at http://boisestatepublicradio.org Session Wrap: Lawmakers Expand Tax Exemptions