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
Utah
3 programs in the 2026 edition.
View this section in the full 2026 Sourcebook Filter/search Utah
3 programs1 refundableEasiest: Recycling Market Development Zone Tax CreditTop: Equipment, Research and Development, Investment
Programs
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