A number of tax incentives and credits are available through the Louisiana Department of Economic Development and other state agencies, including those in the list below. For more information on available incentives in the Baton Rouge area, contact David Bowman at dave@brac.org or (225) 381-7144.

Cost-Free Training Programs
Louisiana's QuickStart Training Program utilizes the state's vocational-technical institutes to provide cost-free pre-employment training customized to a company's requirements. The Jobs Training Partnership Act Program can help a company find trainees and will also pay a portion of their wages while they are in training.

Credit for Employee Basic Skills Training
Allows employers to receive a one-time $250 credit per employee up to $30,000 for providing basic skills training to employees in reading, writing and mathematics.

Credit for the Employment of the Previously Unemployed
Provides a one-time credit of $750 for hiring employees who are receiving benefits through the Family Independence Temporary Assistance Program (FITAP) and are participating in the FIND Work Program or have been unemployed for eight consecutive weeks prior to hire.

Economic Development Award Program
The purpose of the program is to provide financial incentives in the form of linked deposit loans, loan guarantees and grants to industrial or business development projects that promote economic development and that require state assistance for basic infrastructure development.

Enterprise Zones Program
Provides a tax credit of $2,500 for each net new job created in specially-designated areas. Also provides for a rebate of state sales/use taxes on building materials and operating equipment. Local sales/use taxes may also be rebated. Credits can be used to satisfy state corporate income and franchise tax obligations.

FTA (Federal Transit Administration) Benefit Program
Allows employers to deduct as a business expense, up to $65 provided to employees as transit or vanpool subsidies.

Foreign Trade Zones
Louisiana's six Foreign Trade Zones make it possible to import materials and components into the U.S. without paying duties until they enter the U.S. market. Goods shipped out of the country from FTZs are duty-free.

Freeport Law
Cargoes in transit are exempt from taxation as long as they are kept intact within their smallest originalshipping container. Most manufacturers can bring raw materials into the state without paying taxes on them until they are placed in the manufacturing process.

Industrial Property Tax Exemption Program
Exempts new industrial buildings and equipment from ad valorem property taxes for up to ten years.

Inventory Tax Credit
Provides tax credits against state corporate income and franchise tax obligations for the full amount of inventory taxes paid. When credits are in excess of tax obligations, a cash refund is made.

Quality Jobs Program
Provides an annual refundable credit of up to 5 percent of payroll for a period of up to 10 years for qualifying companies.

Restoration Tax Abatement Program
Encourages restoration of buildings in special districts by abating Ad Valorem Taxes on improvements to the structure for up to ten years.

Welfare-to-Work Credit
Provides a tax credit of 35% of qualified wages for the first year of employment and 50% for the second year, to employers who hire qualified FITAP recipients.

Workforce Development and Training Program
The purpose of this program is to develop and provide customized pre-employment and workforce upgrade training to existing and prospective Louisiana businesses.

Work Opportunity Tax Credit
Provides businesses with a one-time credit of up to $2,400 against their federal income tax liability.