Massachusetts · Economic Development · MA-EDIP-001
Economic Development Incentive Program Credit
Publication revised September 24, 2026. Sourcebook page 143.
Credit amount / calculation
Project-specific negotiated award based on jobs, investment and location.
Business fit and eligible activity
Qualifying expansions can negotiate a state investment tax credit through EDIP. Qualified investment or approved project activity; confirm eligible property, location and taxpayer type.
Eligibility and practical use
The practical fit depends less on the company label than on the underlying activity, expenditure, location, or employment change.
Illustrative business benefit
Use-of-credit illustration, not an estimated award: assume the agency or completed tax form establishes a $1,000 credit for the qualifying activity described above. If sufficient eligible tax is due, a $1,000 credit available for current use reduces that tax by $1,000. If annual limits allow only $600, that is this year's saving; the other $400 survives only if the carryforward or transfer rules permit. Obtain the actual program calculation before estimating a project benefit. Page
Timing / first action
Seek approval before starting the overall project, including site work or construction. Contact the administering agency and secure the required approval before the project is publicly or contractually committed.
Official sources
- Massachusetts - EDIP (mass.gov)
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