[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-304207-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-304207-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","economic-impact-of-tax-incentive-programs-tax-incentive-analysis","Economic Impact of Tax Incentive Programs - Tax Incentive Analysis","","Economic Impact of Tax Incentive Programs is a New York State Department of Taxation and Finance analysis prepared in response to statutory requirements for an independent, comprehensive review of tax credits, tax deductions, and incentives tied to economic development. The report’s scope covers initiatives intended to increase employment, strengthen the state’s workforce, and expand business activity. It organizes findings across entertainment, real estate and land use, broad-based employment and investment, worker-specific credits, and additional Empire State Development credits, with supporting appendices.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/general/","General",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/economic-impact-of-tax-incentive-programs-tax-incentive-analysis/304207/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/economic-impact-of-tax-incentive-programs-tax-incentive-analysis/304207.png","ImageObject",442,249,{"name":42,"@type":43},"Terk","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-09-22","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":22},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"What is the purpose of the report on tax incentives in New York State?","Question",{"text":62,"@type":63},"The report provides an independent, comprehensive analysis of each tax credit, deduction, and incentive under New York tax law that supports increasing economic development.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"What kinds of economic development outcomes does the report focus on?",{"text":67,"@type":63},"Economic development is framed around efforts to increase employment, develop the state’s workforce, and expand business activity.",{"name":69,"@type":60,"acceptedAnswer":70},"Which major categories of tax credits does the report cover?",{"text":71,"@type":63},"The report is organized into entertainment tax credits, real estate and land use tax credits, broad-based employment and investment credits, worker-specific tax credits, and miscellaneous Empire State Development credits, followed by as-of-right credits and appendices.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},304207,1790094528,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,113,118,123],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":115,"show_sort_weight":116,"slug":117},18,"Letters",30,"letters",{"id":119,"doc_module":22,"doc_module_name":25,"category_name":120,"show_sort_weight":121,"slug":122},21,"Paper Templates",5,"papers-templates",{"id":124,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":4,"slug":125},158,"general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":124,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":30,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":135,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":141},1099525198933,"https://ap-avatar.wpscdn.com/davatar_155a257f0dc6eb9ab79c44ca47cae57d","Economic Impact of Tax Incentive Programs  \nNew York State  \nDepartment of Taxation and Finance  \nDecember 30, 2023  \nPFM Group Consulting LLC  \nBNY Mellon Center  \n1735 Market Street  \n42nd Floor  \nPhiladelphia, PA 19103  \nIn conjunction with:  \nMFR Consultants Inc.  \nFourth Economy Consulting  \nThe Center for Regional Economic Competitiveness  \nSmart Incentives  \nContents  \nINTRODUCTION ................................................................................................................................................. 4  \nOVERARCHING ISSUES ................................................................................................................................... 7  \nENTERTAINMENT TAX CREDITS ................................................................................................................... 18  \nFilm Production Tax Credit ............................................................................................................................ 29  \nFilm Post-Production Tax Credit .................................................................................................................... 51  \nCommercial Tax Credit .................................................................................................................................. 64  \nNew York City Musical and Theatrical Tax Credit ......................................................................................... 74  \nEmpire State Musical and Theatrical Tax Credit ........................................................................................... 86  \nREAL ESTATE AND LAND USE TAX CREDITS ............................................................................................. 95  \nBrownfields .................................................................................................................................................... 96  \nHistoric Property Rehabilitation ................................................................................................................... 109  \nBROAD-BASED EMPLOYMENT AND INVESTMENT TAX CREDITS .......................................................... 123  \nExcelsior Jobs Programs ............................................................................................................................. 124  \nEmployment Incentive and InvestmentTax Credits ..................................................................................... 142  \nWORKER-SPECIFIC TAX CREDITS ............................................................................................................. 163  \nEmployee Training Incentive Program (E-TIP) Tax Credit .......................................................................... 164  \nEmpire State Apprenticeship Tax Credit ..................................................................................................... 181  \nNew York Youth Jobs Program Tax Credit.................................................................................................. 197  \nHire a Veteran Credit ................................................................................................................................... 215  \nEmployment of Persons with Disabilities Credit (WDTC) ............................................................................ 223  \nWorkers with Disabilities Tax Credit (WETC) .............................................................................................. 229  \nMISCELLANEOUS EMPIRE STATE DEVELOPMENT TAX CREDITS ......................................................... 242  \nEmpire State Jobs Retention Credit ............................................................................................................ 243  \nLife Sciences Tax Credit .............................................................................................................................. 251  \nRestaurant Return to Work Tax Credit .............................................................","cbCaipGDHbvsZPWM","https://ap.wps.com/l/cbCaipGDHbvsZPWM","pdf",3907151,359,"English","# Introduction\n## Background\n# Overarching Issues\n# Entertainment Tax Credits\n## Film Production Tax Credit\n## Film Post-Production Tax Credit\n## Commercial Tax Credit\n## New York City Musical and Theatrical Tax Credit\n## Empire State Musical and Theatrical Tax Credit\n# Real Estate and Land Use Tax Credits\n## Brownfields\n## Historic Property Rehabilitation\n# Broad-Based Employment and Investment Tax Credits\n## Excelsior Jobs Programs\n## Employment Incentive and Investment Tax Credits\n# Worker-Specific Tax Credits\n## Employee Training Incentive Program (E-TIP) Tax Credit\n## Empire State Apprenticeship Tax Credit\n## New York Youth Jobs Program Tax Credit\n## Hire a Veteran Credit\n## Employment of Persons with Disabilities Credit (WDTC)\n## Workers with Disabilities Tax Credit (WETC)\n# Miscellaneous Empire State Development Tax Credits\n## Empire State Jobs Retention Credit\n## Life Sciences Tax Credit\n## Restaurant Return to Work Tax Credit\n## Economic Transformation and Facility Redevelopment Program Tax Credit\n## Start-up NY Program\n# Department of Taxation and Finance As-of-Right Tax Credits\n## Alcoholic Beverage Production Credit\n## Biofuel Production Credit\n## New York City Unincorporated Business Tax Credit\n## Qualified Emerging Technology Company (QETC) Capital Tax Credit\n## Qualified Emerging Technology Company (QETC) Employment Tax Credit\n# Appendices","[{\"question\":\"What is the purpose of the report on tax incentives in New York State?\",\"answer\":\"The report provides an independent, comprehensive analysis of each tax credit, deduction, and incentive under New York tax law that supports increasing economic development.\"},{\"question\":\"What kinds of economic development outcomes does the report focus on?\",\"answer\":\"Economic development is framed around efforts to increase employment, develop the state’s workforce, and expand business activity.\"},{\"question\":\"Which major categories of tax credits does the report cover?\",\"answer\":\"The report is organized into entertainment tax credits, real estate and land use tax credits, broad-based employment and investment credits, worker-specific tax credits, and miscellaneous Empire State Development credits, followed by as-of-right credits and appendices.\"}]","Economic Impact of Tax Incentive Programs - Tax Incentive Analysis | PDF",1789811111,126]