Tax Incentives

Idaho Legislature
3:43 pm
Thu April 3, 2014

Gov. Otter Signs Tax Incentive Bill To Lure Businesses To Idaho

Credit State of Idaho

Gov. C.L. "Butch" Otter is backing legislation aimed at creating jobs and bringing business to Idaho.

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.

The measure mandates workers must be paid wages that at least match the county average.

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.

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Idaho Legislature
11:53 am
Wed March 19, 2014

Tax Incentive Plan Passes Senate Again In Revote

Credit Emilie Ritter Saunders / Boise State Public Radio

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.

The bill, which would give up to 30 percent in tax incentives to job-creating businesses, already passed the Senate Monday.

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.

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Idaho Legislature
12:52 pm
Tue March 18, 2014

Business Tax Incentive Bill Heads To Idaho Senate Revote After Changes

Credit Emilie Ritter Saunders / StateImpact Idaho

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.

The bill, which would give up to 30 percent in tax incentives to job-creating businesses, cleared the Senate 29-6 Monday.

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.

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Idaho Legislature
11:15 am
Fri February 21, 2014

Idaho Commerce Director Pitches New Business Tax Incentive

Idaho's lackluster quiver of tax incentives make it flyover country for many companies looking to relocate or expand.

That's the verdict of Department of Commerce Director Jeff Sayer, who pitched a plan Friday he says would change that.

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?

That way, he says, the state would protect itself from companies that don't follow through.

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Washington Policy
3:50 pm
Fri November 22, 2013

Washington Lawmakers Hear Pitch For Corporate Tax Disclosure

File photo of the Washington State Capitol Building
Cacophony Wikimedia

Originally published on Fri November 22, 2013 4:46 pm

The issue of tax transparency in Washington is getting fresh attention on the heels of a major tax deal for Boeing.

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2013 Legislature
4:00 pm
Thu April 4, 2013

Idaho Legislature Approves $20.7 Million In Tax Cuts

Credit Emilie Ritter Saunders / StateImpact Idaho

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 general fund budget.

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2013 Legislature
2:40 pm
Tue March 19, 2013

Girl Scout Cookie Tax Break Passes Idaho House, Could Face Uphill Battle In The Senate

These Boise-area Scouts learn how to count change for their future customers.
Credit Emilie Ritter Saunders / StateImpact

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.

Idaho and Hawaii are the only two states 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.

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StateImpact Idaho
2:22 pm
Fri May 4, 2012

What Some States Do To Disclose Tax Incentive Info

Pew Center on the States

A recent report from Pew Center on the States lists Idaho among 26 states ‘trailing behind when it comes to evaluating tax incentives.  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’re doing what they were intended to do.  In most cases, that’s spurring economic growth and

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StateImpact Idaho
7:30 am
Fri May 4, 2012

Q&A: Who Gets Idaho's Tax Breaks? Why Details Are In The Dark

401K Flickr

StateImpact Idaho has rolled out a series of stories this week on tax incentive transparency in Idaho.  That is, what is and isn’t public information when it comes to business tax credits and exemptions. 

Almost always, tax incentives are created in the name of economic development.  But in Idaho, little information is available about whether these incentives create jobs and grow companies. 

Scott Graf talks with StateImpact reporter Emilie Ritter Saunders about the lack of transparency surrounding Idaho's business tax incentives. 

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StateImpact Idaho
1:10 pm
Thu May 3, 2012

Open Government Advocate: Tax Incentive Details Should Be Public Info

Greg LeRoy is the executive director of Good Jobs First. Good Jobs First

Good Jobs First is a non-partisan, non-profit government transparency advocacy group based in Washington, D.C.  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.  We recently spoke with him to learn more about what he considers ‘transparent enough,’ and what states are doing to open incentive information to the public. 

Q: What is transparent enough? What should people have the right to see?

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StateImpact Idaho
12:18 pm
Wed May 2, 2012

Do Business Incentives Create Jobs? Idaho Is One Of 13 States In The Dark

Emilie Ritter Saunders StateImpact Idaho

The state of Idaho will give up an estimated $845 million this year in the form of tax credits and exemptions.  And only a select few at the Idaho Tax Commission know exactly where that money goes.

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StateImpact Idaho
10:34 am
Fri April 13, 2012

Study: Idaho 'Trailing Behind' On Measuring Tax Incentive Effectiveness

Pew Center on the States

A new 55-page report from The Pew Center on the States shows most states don’t really know if business tax incentives are boosting job growth.

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StateImpact Idaho
2:34 pm
Wed April 4, 2012

Session Wrap: Lawmakers Expand Tax Exemptions

Until now, Idaho's 6 percent sales tax applied to free samples of beer, wine and other beverages
smcgee Flickr

Free samples of beer and wine are now tax-free.  So are parts for some airplanes that are worked on in Idaho.

Lawmakers expanded and added new tax exemptions during the 2012 session, adding to a growing list (exemptions start on page 41).

Lets start with the new.  Continue reading....