Idaho's Jobs Tax Credit Is Gimmicky, Tax Foundation Says

Law360, New York (March 11, 2014, 6:48 PM EDT) -- Idaho lawmakers are trying to court business by introducing a jobs tax credit for enterprises — old and new — that expand their business in the state, but the measure may be too complicated and yield small returns, the Tax Foundation said Tuesday.

The Idaho Reimbursement Incentive Act, HB 546, requires businesses to work with the state government to negotiate their tax credit level and create jobs and pay sales, income and payroll taxes before receiving their credits, which could be up to 30 percent of...
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