Museum Hack News July 25, 2013
New York’s Tax-Free Zones from Start-Up NY
Emerging technology company’s dream come true? (via)
Businesses in these locations will experience 100% tax-free benefits starting on January 1, 2014. This means:
- No New York business/corporate taxes.
- No New York sales tax.
- No New York property tax.
- PLUS!! The wages of employees of a business located in a tax-free area who are newly employed in the jobs created by the business are exempt from all New York state personal income taxes
Sign us up when this launches – looks awesome. More info on the Governor’s website.