TAX credits

Missouri Works: Businesses that create at least two full-time jobs with wages between 80% and 140% of the average county wage (depends on project location) may have the ability to retain the state withholding tax of the newly created jobs or receive a refundable corporate income tax credit.  The actual value of the incentive award will be based on the number of jobs created, project location, payroll, and capital investment.


New Jobs Training: Provides assistance in reducing the cost associated with expanding a workforce or locating a new facility in the state of Missouri through customized or general skill training.


Data Center Sales and Utility Tax Exemption: Businesses that create 10 full-time jobs with wages that are at or above 150% of the county average wage and invest $25 million in a new data center facility may receive a full 15-year exemption of sales and utility taxes.  A 10-year exemption is available for companies that expand an existing data center facility by investing $5 million and creating at least 5 full-time jobs with wages that are at or above 150% of the county average wage.

Sales Tax Exemption for Manufacturers: Energy, machinery and equipment used or consumed in the manufacturing process is exempt from state sales and use tax.  

Chapter 100 Sales Tax Exemption: Provides a sales tax exemption on tangible personal property purchased through Chapter 100 bonds for non-manufacturing purchases. Companies eligible for Chapter 100 bond financing include manufacturing, warehousing, distribution, office, research and development, agricultural processing, and services in interstate commerce.


Last updated:  April 2016


47 Hulfish Street, Suite 320
Princeton, NJ 08542
(609) 924-9775
215 Park Ave South
New York, NY 10003
(646) 652-7555
30 S. Wacker, Suite 2200
Chicago, IL 60606
(312) 924-2490