Incentives & Taxes
Jasper County, its municipalities and the State of Indiana have consistently demonstrated their collective commitment to maintaining and enhancing an attractive business environment. Pro-business attitudes, conservative fiscal management and reasonable tax rates combine to make Jasper County an excellent business location.
The most common business incentives utilized by Jasper County and its communities are:
- Property Tax Abatement – provides up to 100% for up to 10 years on new investment in Real Property and 20 years on new investment in Personal Property.
- Tax Increment Financing (TIF) – allows the property taxes generated by new project capital investment to be utilized to retire debt or pay infrastructure costs related to the project.
- Targeted Infrastructure Assistance – improvements to public infrastructure needed to support new private sector investment.