postheadericon Keystone Opportunity Zone (KOZ)

In Clearfield County, KOZ’s were created to encourage business in special designated areas Countywide.

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The following is a list of tax benefits:

State:

  • Sales & Net Use Tax
  • Corporate Net Income Tax
  • Capital Stock and Franchise Tax
  • Bank and Trust Company Shares Tax
  • Mutual Thrift Institutions Tax
  • Insurance Premiums Tax and Personal Income Tax

Local:

  • Local Real Estate Tax (local, county and school)
  • Business Privilege Tax (First Class Cities)
  • Business Gross Receipts/Business Privilege Tax (Act 511 Tax)
  • Realty Use & Occupancy Tax
  • Mercantile License Tax
  • Wage and Net Profits Tax (Sterling Act)
  • Earned Income/Net Profits Tax (Act 511 Tax) and Local Sales and Use Tax

To learn more about KOZ click here: www.newpa.com

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