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Home>Employers>Financial Incentives>Urban Job Tax Credit Program

Financial Incentives

The Urban Job Tax Credit Program (UJTC) 

The Urban Job Tax Credit Program (UJTC) Program provides tax credits against corporate income tax or sales and use tax to businesses that are: located within urban areas designated by Florida Office of Trade, Tourism and Economic development; hire a specific number of employees according to the established criteria; and are predominantly engaged in (or headquarters for) a specific list of activities classified by the Standard Industrial Classification (SIC) Code. Businesses must meet the definition specified in the Florida Legislature. The application may be filed at any time. Tax credits are granted on a first come, first serve basis until the maximum amount of credit allowable per calendar year has been exhausted.

Source: http://www.broward.org/econdev/Business/Pages/SpecialZones.aspx#ujtc

 

 

For more information, please call (954) 357-6400 or visit http://www.broward.org/ECONDEV/BUSINESS/Pages/SpecialZones.aspx