Clean Electricity Investment Credit (Internal Revenue Code §48E)
Generally
Potentially relevant when a forest-products facility owns qualifying zero-emission generation or energy-storage property.
Fit 1/3Difficulty 3/3Conditional
Equipment
140 programs connected to equipment. Search results preserve context and do not imply eligibility.
Programs
Credit for Increasing Research Activities (Internal Revenue Code §41)
Regular research-credit method
A sawmill, secondary manufacturer or biomass business can qualify when it performs genuine technological experimentation to improve a product or process.
Fit 2/3Difficulty 2/3Not refundable
Rehabilitation Credit (Internal Revenue Code §47)
Generally
A forest-products company rehabilitating a certified historic mill or industrial building for income-producing use may qualify.
Fit 1/3Difficulty 3/3Not refundable
Alabama Investment Credit
Up to
Certified manufacturers can receive multi-year credits for qualified capital investment; useful for larger fixed-facility expansions.
Fit 2/3Difficulty 3/3Not refundable
Veterans Employer Credit
$2,000 employer credit for qualifying hires
Broad employer credit for hiring qualifying veterans.
Fit 3/3Difficulty 1/3Not refundable
Veteran Employment Tax Credit
$2,000 for a qualifying veteran, or $3,000 for a qualifying
An eligible forest-products employer can qualify through hiring, even though Alaska has no broad manufacturing investment credit.
Fit 3/3Difficulty 1/3Not refundable
Qualified Facility Income Tax Credit
Lesser of
A qualifying manufacturing facility can receive a substantial credit tied to capital investment and jobs/wages after Arizona Commerce Authority approval.
Fit 2/3Difficulty 3/3Conditional
Research and Development Tax Credit
Through 2030,
Wood-products manufacturers conducting qualified Arizona research and development can earn a state credit.
Fit 2/3Difficulty 2/3Conditional
AR-RD-002
33% of approved qualified research expenditures
Potentially larger research credit for a project certified as strategically valuable.
Fit 1/3Difficulty 3/3Not refundable
AR-RD-003
Up to
Enhanced research credit for qualifying targeted businesses.
Fit 1/3Difficulty 3/3Not refundable
Advantage Arkansas Income Tax Credit
Credit based on new qualifying payroll at the applicable
Job-creation credit for qualifying businesses, including manufacturers, with thresholds varying by location.
Fit 2/3Difficulty 3/3Not refundable
ArkPlus Income Tax Credit
Generally
Large qualifying manufacturing expansions can receive a credit based on qualified investment after a financial-incentive agreement.
Fit 2/3Difficulty 3/3Not refundable
Arkansas Wood Energy Products and Forest Maintenance Credit
20% of qualifying wood-energy equipment costs for tax years
Rare forest-specific credit for very large projects producing qualifying wood-energy products from forest residues.
Fit 1/3Difficulty 3/3Not refundable
In-House Research Income Tax Credit
Generally
Qualified approved research performed in Arkansas can generate a state credit.
Fit 2/3Difficulty 3/3Not refundable
California Competes Tax Credit
Negotiated award through competitive application cycles
An expanding mill or wood manufacturer can compete for a negotiated income-tax credit based on jobs, investment and strategic value.
Fit 2/3Difficulty 3/3Not refundable
California Research Credit
15% of qualified expenses above the base
Qualified California research by a wood-products manufacturer may produce a state credit.
Fit 2/3Difficulty 2/3Not refundable
New Employment Credit
35% of qualified wages within the statutory wage band
Qualifying hires in designated geographic areas can generate credits when reservations are timely.
Fit 1/3Difficulty 3/3Not refundable
Enterprise Zone Investment Tax Credit
Three percent of qualified investment in eligible property
Qualifying new sawmill or wood-products production machinery can fit.
Fit 2/3Difficulty 2/3Not refundable
Enterprise Zone Job Training Credit
Twelve percent of qualifying investment in a structured
A mill's structured training in scanner operation, kiln controls, maintenance, or other job skills may qualify.
Fit 2/3Difficulty 2/3Not refundable
Enterprise Zone New Employee Credit
$1,100 for each qualifying additional business-facility
A qualifying permanent mill or wood-products facility in a zone can fit.
Fit 2/3Difficulty 2/3Not refundable
Enterprise Zone Research and Development Credit
3% of qualifying research-and-experimental expenditures in
A mill or forest-products manufacturer may qualify through properly substantiated research into products or processes conducted in the zone.
Fit 1/3Difficulty 2/3Not refundable
Job Growth Incentive Tax Credit
Up to
Large expansions can negotiate a performance-based credit tied to new jobs and payroll.
Fit 1/3Difficulty 3/3Not refundable
Fixed Capital Investment Credit
5% of eligible fixed-capital investment
Credit for qualifying fixed capital acquired by a Connecticut business.
Fit 2/3Difficulty 2/3Not refundable
Machinery and Equipment Expenditure Credit
10% of the increase in eligible machinery
Manufacturers can obtain a credit tied to qualifying machinery and equipment expenditures.
Fit 3/3Difficulty 2/3Not refundable
Manufacturing Apprenticeship Training Credit
Up to
Manufacturers employing qualified registered apprentices can earn a credit.
Fit 2/3Difficulty 2/3Not refundable
Research and Development Credit
generally
Qualified Connecticut research and development can generate a corporate credit.
Fit 2/3Difficulty 2/3Conditional
Research and Experimental Expenditures Credit
20% of Connecticut research
Separate credit for increases in qualifying research and experimental spending.
Fit 2/3Difficulty 2/3Conditional
Blue Collar Jobs Act Credits
$500 per qualifying employee plus $500 per $100
Qualified manufacturing expansions creating jobs and facility investment can receive state credits after approval.
Fit 2/3Difficulty 3/3Not refundable
Research and Development Tax Credit
10% of Delaware research expenses above the base
Qualified Delaware research can generate a state credit for a wood-products manufacturer.
Fit 2/3Difficulty 2/3Conditional
Florida Research and Development Tax Credit
Generally
Certified qualified-target-industry businesses claiming the federal research credit can apply for Florida's capped credit.
Fit 1/3Difficulty 3/3Not refundable
Rural Job Tax Credit
$1,000-$1,500 per qualifying employee
Eligible manufacturing employers in designated rural counties can use job creation to reduce state tax.
Fit 2/3Difficulty 2/3Not refundable
Job Tax Credit
Per-job amount varies by county tier and designation
Manufacturers can earn tiered per-job credits, with lower thresholds in distressed counties.
Fit 3/3Difficulty 2/3Not refundable
Manufacturer's Investment Tax Credit
Credit percentage and thresholds vary by county tier and
Existing manufacturers making qualifying facility/equipment investments can earn a capital credit.
Fit 3/3Difficulty 2/3Not refundable
Optional Investment Tax Credit
10% with at least $5 million invested
Large manufacturing investments can elect a high-value alternative credit.
Fit 1/3Difficulty 3/3Not refundable
Research Tax Credit
10% of excess qualified research expenses over the Georgia
Georgia manufacturers can claim a credit for increased qualified research.
Fit 2/3Difficulty 2/3Not refundable
Retraining Tax Credit
50% of eligible retraining costs up to statutory
Existing manufacturers retraining employees for new equipment, technology or processes can qualify.
Fit 3/3Difficulty 2/3Not refundable
Tax Credit for Research Activities
$5 million statewide cap and certification window
Qualified high-technology businesses conducting Hawaii research may receive a refundable credit; ordinary wood businesses may not meet the QHTB definition.
Fit 1/3Difficulty 3/3Refundable
Investment Tax Credit
3% of qualifying investment
Broad statutory credit for qualified Idaho investment, including many depreciable manufacturing assets.
Fit 3/3Difficulty 1/3Not refundable
Research Activities Credit
5% of qualifying Idaho research expenditures over the base
Qualifying Idaho research can generate a state credit.
Fit 2/3Difficulty 2/3Not refundable
Tax Reimbursement Incentive
Up to
Substantial expansions can negotiate a refundable credit based on new state tax revenues.
Fit 1/3Difficulty 3/3Not refundable
EDGE Tax Credit
generally
Manufacturers expanding in Illinois may receive a negotiated payroll-based credit if job, investment and strict 'but-for' rules are met.
Fit 1/3Difficulty 3/3Not refundable
Historic Preservation Tax Credit
Credit based on qualified rehabilitation expenditures
Certified historic industrial properties can qualify for a state rehabilitation credit.
Fit 1/3Difficulty 3/3Not refundable
Research and Development Credit
6.5% of qualifying Illinois research
Qualified Illinois research can generate an incremental income-tax credit.
Fit 2/3Difficulty 2/3Not refundable
Community Revitalization Enhancement District Credit
Credit based on qualified investment under district rules
Qualifying fixed-site investment in a designated district can generate a credit.
Fit 1/3Difficulty 3/3Not refundable
EDGE Credit
Credit based on incremental Indiana payroll withholding
Growing employers can negotiate a payroll-based credit tied to new Indiana employment.
Fit 1/3Difficulty 3/3Refundable
Hoosier Business Investment Credit
Discretionary credit based on eligible capital investment
Manufacturing expansions can receive a negotiated credit for qualified capital investment.
Fit 2/3Difficulty 3/3Not refundable
Research Expense Tax Credit
15% of the first $1 million of qualified research expenses
Qualified Indiana research can generate a state credit for manufacturers.
Fit 2/3Difficulty 2/3Not refundable
Historic Preservation Tax Credit
Percentage of qualified rehabilitation expenditures under
Certified historic mills and industrial buildings can qualify for an allocated rehabilitation credit.
Fit 1/3Difficulty 3/3Not refundable
Iowa Research and Development Tax Credit (2026 program)
up to
Manufacturers claiming the federal research credit can obtain an Iowa refundable credit.
Fit 1/3Difficulty 3/3Refundable
HPIP Investment Tax Credit
10% of qualified facility investment above $50
Qualifying manufacturers paying above-average wages can earn a strong confirm eligible property, location and taxpayer type.
Fit 3/3Difficulty 3/3Not refundable
HPIP Training and Education Credit
2% of payroll, capped at $50,000 or tax liability
HPIP-certified firms with substantial training spending can claim an additional credit.
Fit 2/3Difficulty 3/3Not refundable
Research and Development Credit
10% of the difference between current research
Qualified Kansas research earns a relatively strong incremental credit.
Fit 2/3Difficulty 2/3Not refundable
Historic Rehabilitation Tax Credit
Percentage of qualified rehabilitation expenditures subject
Certified historic mills and industrial properties can qualify for a state rehabilitation credit.
Fit 1/3Difficulty 3/3Not refundable
Kentucky Business Investment Credit
Project-specific approved tax credits
New or expanding manufacturers can receive negotiated income/limited are met.
Fit 2/3Difficulty 3/3Not refundable
Kentucky Reinvestment Act Credit
Credit against corporate income/limited liability entity
Existing manufacturers can receive credits for qualifying reinvestment/modernization projects.
Fit 3/3Difficulty 3/3Not refundable
Qualified Research Facility Tax Credit
5% of qualified construction, remodeling and equipment costs
A business constructing/remodeling/equipping a research facility can claim a straightforward credit.
Fit 2/3Difficulty 1/3Not refundable
Inventory Tax Credit
Credit for eligible inventory property tax paid
Forest-products businesses with large taxable inventory may benefit where current taxpayer-type rules permit; 2026 law changed corporate availability.
Fit 1/3Difficulty 2/3Not refundable
Research and Development Tax Credit
Rate varies by business size/research circumstances
Louisiana provides an allocation-limited credit for qualifying in-state research.
Fit 2/3Difficulty 3/3Not refundable
Dirigo Capital Investment Credit
Generally
Exceptional fit: eligible sectors expressly include forestry/fishing and manufacturing, so both some forest operations and mills can qualify.
Fit 3/3Difficulty 2/3Conditional
Dirigo Training Credit
$2,000 per employee receiving qualifying training
Eligible forestry and manufacturing businesses can receive a credit for qualified employee training.
Fit 3/3Difficulty 2/3Conditional
Research Expense Tax Credit
5% of excess qualified research expenses plus 7
Qualifying Maine research can produce an incremental credit for wood-products manufacturers.
Fit 2/3Difficulty 2/3Not refundable
Historic Revitalization Tax Credit
Percentage of qualified rehabilitation expenditures
Certified historic mills and industrial properties can qualify.
Fit 1/3Difficulty 3/3Not refundable
Job Creation Tax Credit
Generally
Forest-products manufacturers adding qualifying Maryland jobs can receive per-job credits.
Fit 2/3Difficulty 3/3Not refundable
One Maryland Tax Credit
Up to
Qualifying Tier 1 county projects with jobs and investment can earn a large credit.
Fit 1/3Difficulty 3/3Conditional
Research and Development Tax Credit
10% of eligible excess Maryland research
Maryland manufacturers can apply annually for a capped state credit, production, routine quality control and an equipment purchase alone do not qualify.
Fit 2/3Difficulty 3/3Conditional
Economic Development Incentive Program Credit
Project-specific negotiated award based on jobs
Qualifying expansions can negotiate a state investment tax credit through EDIP.
Fit 1/3Difficulty 3/3Not refundable
Investment Tax Credit
3% of qualifying tangible property
Massachusetts manufacturers can claim a broad statutory credit on qualifying tangible property used in manufacturing.
Fit 3/3Difficulty 1/3Not refundable
Research Credit
Credit based on qualified Massachusetts research
Qualified Massachusetts research can produce a corporate excise credit.
Fit 2/3Difficulty 2/3Not refundable
Michigan Research and Development Credit
generally
New credit for tax years beginning in 2025; unusually useful to small manufacturers and flow-through employers conducting qualified Michigan research and development.
Fit 3/3Difficulty 3/3Refundable
Credit for Increasing Research Activities
10% on the first statutory tier of excess qualified
Minnesota research by a wood-products manufacturer can qualify, and the credit became partly refundable in 2026.
Fit 3/3Difficulty 2/3Not established
Historic Structure Rehabilitation Credit
State credit linked to qualified historic rehabilitation
Certified historic mills and industrial properties may qualify.
Fit 1/3Difficulty 3/3Not refundable
Brownfields Jobs Tax Credit
Jobs-tax-credit framework
A business redeveloping a certified brownfield can use jobs credits without the ordinary minimum-job threshold.
Fit 1/3Difficulty 3/3Not refundable
Jobs Tax Credit
Per-job amount and job threshold vary by county tier
Manufacturers creating the required number of new full-time jobs can earn program also requires investment, satisfy both tests.
Fit 2/3Difficulty 3/3Not refundable
MFLEX - Mississippi Flexible Tax Incentive
Generally
Streamlined universal credit for larger new/expanding businesses creating jobs and investment.
Fit 2/3Difficulty 3/3Not refundable
Manufacturing Investment Tax Credit
5% of eligible manufacturing investment
Existing manufacturers operating in the state at least two years can claim a direct credit for substantial facility/equipment investment.
Fit 3/3Difficulty 2/3Not refundable
Research and Development Skills Tax Credit
$1,000 per qualifying research-skilled position annually
Often-overlooked credit for professional research and development positions such as engineers and technical staff.
Fit 2/3Difficulty 1/3Not refundable
Missouri Works Tax Credit
Approved projects may retain withholding on qualifying new
Expanding manufacturers can earn performance-based credits, but the program has strict pre-project timing.
Fit 2/3Difficulty 3/3Not refundable
New Investment Tax Credit
up to
Effective August 28, 2026, this credit targets very large capital projects and will usually be above small-mill scale.
Fit 1/3Difficulty 3/3Not refundable
Qualified Research Expense Tax Credit
Generally
Manufacturers with increased Missouri qualified research expenses can apply for an allocation-limited credit.
Fit 2/3Difficulty 3/3Not refundable
Historic Property Preservation Credit
25% of the federal rehabilitation credit attributable to
A qualifying historic industrial rehabilitation can generate a state credit.
Fit 1/3Difficulty 2/3Not refundable
Jobs Growth Incentive Tax Credit
50% of employer-paid Social Security
Employers creating qualifying jobs can receive a credit based on employer payroll taxes through tax year 2028.
Fit 2/3Difficulty 2/3Not refundable
Recycling Tax Credit
25% of the first $250
Potentially relevant to qualifying recycling equipment/property used by a wood-products business.
Fit 1/3Difficulty 2/3Not refundable
ImagiNE Nebraska Investment / Wage Credits
generally
Manufacturing expansion can earn investment and wage credits under an approved project.
Fit 3/3Difficulty 3/3Not refundable
Nebraska Advantage Research and Development Credit
Generally
Qualifying Nebraska research can generate a refundable credit.
Fit 2/3Difficulty 2/3Refundable
Research and Development Tax Credit
10% of qualifying New Hampshire manufacturing research
Qualifying wood-products manufacturing process or product development can fit.
Fit 2/3Difficulty 2/3Not refundable
Effluent Treatment Equipment Credit
Credit based on qualifying effluent-treatment equipment
Potentially relevant to wood-treatment or industrial facilities installing certified treatment equipment.
Fit 1/3Difficulty 2/3Not refundable
Manufacturing Equipment and Employment Investment Credit
Credit based on qualifying manufacturing equipment
Manufacturers buying qualified equipment and increasing employment can program also requires investment, satisfy both tests.
Fit 3/3Difficulty 2/3Not refundable
Recycling Equipment Credit
Credit based on eligible recycling equipment under current
Potentially useful for qualifying recycling machinery at a forest-products plant.
Fit 1/3Difficulty 2/3Not refundable
Research and Development Tax Credit
10% of excess qualified research expenses over base
Qualifying New Jersey research can generate a corporate credit.
Fit 2/3Difficulty 2/3Not refundable
Investment Credit
Credit based on the value of qualified equipment introduced
Broad credit for qualifying manufacturing equipment; highly relevant to fixed mills.
Fit 3/3Difficulty 2/3Not refundable
NM-RD-001
generally
Strong research and development facility credit with rural enhancements and refundable additional credit for qualifying small research and development businesses.
Fit 2/3Difficulty 3/3Conditional
Rural Job Tax Credit
Per-job credit determined by eligible wages
Qualifying forest-products employers creating eligible rural jobs may earn a job credit.
Fit 2/3Difficulty 3/3Not refundable
Brownfield Redevelopment Tax Credit
Multiple credit components based on qualified cleanup
Certified brownfield projects can receive substantial site-preparation and tangible- property credits.
Fit 1/3Difficulty 3/3Conditional
Employment Incentive Credit
Additional credit tied to investment tax credit property
Businesses that qualify for investment tax credit and increase employment training; where the program also requires investment, satisfy both tests.
Fit 2/3Difficulty 2/3Not refundable
Excelsior Jobs Program Credits
Multiple refundable components under an Empire State
Large/strategic manufacturing expansions can receive refundable credits for jobs, investment and research and development.
Fit 1/3Difficulty 3/3Conditional
Investment Tax Credit
generally
Broad statutory credit for manufacturers investing in qualifying New York depreciable property.
Fit 3/3Difficulty 2/3Not refundable
Research Credits / Excelsior research and development component
Program-specific percentage of qualifying research
Research-intensive wood-product projects may qualify under current state research mechanisms.
Fit 1/3Difficulty 3/3Not refundable
Mill Rehabilitation Tax Credit
Credit based on qualified rehabilitation expenditures for
Directly relevant to qualifying historic or vacant mill property; the credit-generating sunset is currently 2030.
Fit 1/3Difficulty 3/3Not refundable
Tax Incentives for Major Recycling Facilities
Credit package under Article 3C for qualifying major
Only very large qualifying recycling facilities will meet the scale requirements.
Fit 1/3Difficulty 3/3Not refundable
Automation Equipment Tax Credit
15% of qualifying automation purchases or capital-lease
Especially relevant to mills adding scanning, optimization, robotics or other qualifying automation.
Fit 3/3Difficulty 3/3Not refundable
Renaissance Zone Income Tax Benefit
Project-specific credit/exemption under Renaissance Zone
Fixed facilities in designated zones may receive tax benefits after certification.
Fit 1/3Difficulty 3/3Not refundable
Research Expense Credit
25% of the first $100
Qualified North Dakota research can generate a state credit.
Fit 2/3Difficulty 2/3Not refundable
Job Creation Tax Credit
Negotiated percentage of new Ohio employee
Expanding manufacturers creating substantial new Ohio payroll can negotiate a refundable credit through the Ohio Tax Credit Authority.
Fit 1/3Difficulty 3/3Refundable
Ohio Historic Preservation Tax Credit
Credit based on qualified rehabilitation expenditures
A qualifying historic industrial building can receive a competitively awarded rehabilitation credit.
Fit 1/3Difficulty 3/3Not refundable
Research and Development Investment Tax Credit
7% of excess Ohio qualified research expenses over the
Ohio's CAT-based research credit can apply to qualified research by wood-products manufacturers without a project award.
Fit 2/3Difficulty 1/3Not refundable
Investment / New Jobs Tax Credit
greater of
Flexible manufacturing credit that lets a company choose the greater of investment or job benefits.
Fit 3/3Difficulty 2/3Not refundable
Quality Jobs + Investment Tax Credits
Greater of
Very large manufacturers can combine Quality Jobs with enhanced investment/job credits.
Fit 1/3Difficulty 3/3Not refundable
SIDE Act Tax Credit
Project-specific allocated tax credit under the SIDE Act
Large rural industrial-park or rail infrastructure projects can receive allocated credits.
Fit 1/3Difficulty 3/3Not refundable
Qualified Jobs Creation Tax Credit
$1,000 per qualifying net new job, up to 10 jobs / $10,000
New in 2026 and unusually explicit: Forestry and Wood Products includes timber harvesting as well as manufacturing and processing.
Fit 3/3Difficulty 2/3Not refundable
Historic Preservation Tax Credit
Credit based on qualified rehabilitation expenditures
Certified historic mill rehabilitation can qualify for an allocated state credit.
Fit 1/3Difficulty 3/3Not refundable
Manufacturing Tax Credit
Up to
Qualifying manufacturers increasing taxable payroll through new jobs can receive a performance credit.
Fit 2/3Difficulty 3/3Not refundable
Research and Development Tax Credit
Percentage of Pennsylvania qualified research expenses over
Qualified Pennsylvania research can generate an annually allocated credit.
Fit 2/3Difficulty 3/3Not refundable
Rebuild Rhode Island Tax Credit
Project-specific credit based on eligible development costs
Large fixed-site projects can receive a negotiated tax credit when financing gaps and project requirements are met.
Fit 1/3Difficulty 3/3Not refundable
Abandoned Building Revitalization Credit
Credit based on qualified rehabilitation expenditures
Useful where a mill rehabilitates a qualifying abandoned industrial building; notice must precede expenditures.
Fit 2/3Difficulty 3/3Not refundable
Capital Investment Credit
0.5% to 2
Directly relevant to mills placing qualified manufacturing and productive equipment in service.
Fit 3/3Difficulty 1/3Not refundable
New Jobs Credit
Per-job amount varies by county
Certain employers creating and maintaining 10+ jobs can receive county-tiered credits.
Fit 2/3Difficulty 2/3Not refundable
Recycling Property Tax Credit
30% of qualifying investment
Only very large qualifying recycling facilities will meet the $150 million investment threshold.
Fit 1/3Difficulty 3/3Not refundable
Research Expenses Credit
5% of South Carolina qualified research expenses
Businesses claiming the federal research credit can claim a South Carolina production, routine quality control and an equipment purchase alone do not qualify.
Fit 2/3Difficulty 1/3Not refundable
Small Business Jobs Credit
Per-job amount varies by county and wages
Businesses with 99 or fewer employees can qualify with as few as two new full-time jobs.
Fit 3/3Difficulty 2/3Not refundable
Solar / Small Hydropower / Geothermal Equipment Credit
25% of qualifying system cost
Potentially relevant to qualifying non-biomass energy systems installed at a mill.
Fit 1/3Difficulty 2/3Not refundable
Enhanced Job Tax Credit
per-job benefit based on county tier
Projects in designated enhancement counties can receive additional per-job credits and lower thresholds.
Fit 2/3Difficulty 2/3Not refundable
Industrial Machinery Tax Credit
Generally
Foundational manufacturing credit for qualified industrial machinery.
Fit 3/3Difficulty 1/3Not refundable
Job Tax Credit
Generally
Manufacturers investing and creating qualifying jobs can receive a per-job franchise/excise credit.
Fit 2/3Difficulty 2/3Not refundable
Certified Historic Structure Rehabilitation Credit
25% of eligible rehabilitation costs under the state credit
A forest-products business rehabilitating a certified historic mill may monetize a Texas franchise-tax credit.
Fit 1/3Difficulty 3/3Not refundable
Research and Development Franchise Tax Credit - Subchapter T
8.722% of current Texas qualified expenses above 50% of the
New rules effective January 1, 2026 provide a current franchise-tax credit for Texas qualified research.
Fit 3/3Difficulty 2/3Conditional
Economic Development Tax Increment Financing Credits
up to
Substantial manufacturing expansions creating high-wage jobs can negotiate refundable post-performance credits; rural projects can receive higher percentages.
Fit 1/3Difficulty 3/3Refundable
Recycling Market Development Zone Tax Credit
Machinery credit
Potentially useful to a wood-residual business operating in a designated zone and making products from qualifying recycled/post-consumer material.
Fit 1/3Difficulty 2/3Not refundable
Research Activities Tax Credit
Current statute includes
Qualified Utah research can produce multiple nonrefundable credit components.
Fit 2/3Difficulty 2/3Not refundable
Research and Development Tax Credit
For 2026
Vermont companies receiving the federal research credit can claim a state credit.
Fit 2/3Difficulty 1/3Not refundable
Recyclable Materials Processing Equipment Tax Credit
20% of qualifying machinery/equipment purchase price
Potentially relevant to manufacturers producing products from recyclable material; current authorization runs through tax years beginning before 2027.
Fit 1/3Difficulty 3/3Not refundable
Worker Training Tax Credit
35% of eligible training expenses
Forest-products employers can claim credits for qualifying worker training, including manufacturing training.
Fit 3/3Difficulty 2/3Not refundable
B&O Tax Credit for New Employees in Manufacturing/R&D in Rural Counties
Per-new-employee business and occupation tax credit
Directly relevant to qualifying manufacturing facilities in rural counties; timely application after hiring is required.
Fit 2/3Difficulty 2/3Not refundable
Customized Employee Workforce Training Credit
business and occupation tax credit tied to eligible
Employers repaying approved customized-training costs can receive a business and occupation tax credit.
Fit 2/3Difficulty 2/3Not refundable
Economic Opportunity Tax Credit
Credit based on qualified investment and new jobs
Expanding businesses creating qualifying jobs and investment can earn a multi-year credit.
Fit 2/3Difficulty 3/3Not refundable
Manufacturing Inventory Tax Credit
Credit based on eligible ad valorem tax paid on
Manufacturers can offset state corporate income tax with credit tied to local property tax paid on manufacturing inventory.
Fit 3/3Difficulty 1/3Not refundable
Manufacturing Investment Tax Credit
5% of qualified manufacturing capital investment
Excellent fit for capital-intensive, low-job-growth mills because it rewards qualified manufacturing investment without requiring new jobs.
Fit 3/3Difficulty 2/3Not refundable
Business Development Tax Credit
generally
Highly relevant to existing forest-products companies because Wisconsin Economic Development Corporation can certify refundable credits for capital investment, jobs and training rather than limiting support to competitive grants.
Fit 3/3Difficulty 3/3Refundable
Enterprise Zone Jobs Tax Credit
Refundable project-specific components under a negotiated
Large strategic projects can receive refundable credits for jobs, retained jobs, capital investment, training and Wisconsin supply-chain purchases.
Fit 1/3Difficulty 3/3Refundable
Manufacturing and Agriculture Credit
7.5% of eligible Wisconsin manufacturing production income
Major ongoing credit for businesses classified by Department of Revenue as manufacturers; tied to qualifying production income rather than a particular expansion.
Fit 3/3Difficulty 2/3Not refundable
Research Credits
Generally
Wisconsin manufacturers can claim a partly refundable research credit; research activity.
Fit 2/3Difficulty 2/3Conditional