How much could you be saving in occupancy costs in the PA KOZ?
See what cost savings can be achieved at Keystone Trade Center
Keystone Trade Center is located in a designated Keystone Opportunity Zone (KOZ), with taxes eligible to be waived through 12/31/2034. Through credits, waiver and broad-based tax abatements, total taxes on economic activity in zones are significantly reduced.
These benefits affect the following taxes:
STATE
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Corporate Net Income tax
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Sales and Use tax (purchases consumed and used by the qualified business in the zone)
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Mutual Thrift Institution tax
-
Bank and Trust Company Shares tax
LOCAL
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Earned Income/Net Profits tax
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Business Gross Receipts, Business Occupancy, Business Privilege and Mercantile tax
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Sales and Use tax (county/city; purchases exclusively used and consumed by the qualified business in the zone)
Savings By the Numbers
Sample Scenario
Facility Size: 1,000,000 SF
Materials, Handling & Equipment Investment: $50,000,000
Projected Cost Savings Over 10 Years
Keystone Trade Center
vs. Lehigh Valley
$14M
in Savings
Keystone Trade Center
vs. New Jersey
$19.4M
in Savings
