RECRUITMENT RESOURCES To facilitate the recruitment process, the Oklahoma Employment Securities Commission (OESC) will pre-screen eligible applicants to meet the specifications outlined within job descriptions, test applicants for aptitudes in specific skills and provide any personnel functions necessary to ensure recruitment success. Tax Exemptions FIVE-YEAR AD VALOREM TAX EXEMPTION This exemption is for new, expanded or acquired manufacturing facilities and equipment for a period of five years. This incentive is available for manufacturing, research and development, warehouse and distribution, certain computer/data processing services, refinery and aircraft repair.
development and the manufacturing operation at the manufacturing site.
Other Assistance Programs OPPORTUNITY ZONES
The Greater Oklahoma City Region has several areas designated as “opportunity zones” following the 2017 Investment in Opportunity Act. New investments in these less developed areas are eligible for tax incentives which increase based on the longevity of time the investment is held. Read the Oklahoma City Opportunity
Zones investment prospectus at www.okcopportunityzones.com .
ADDITIONAL PROGRAMS Zones, Financing Programs, Freeport Inventory Benefits, Export Assistance, Government Contracting Assistance, New Market Tax Credits, Former Indian Lands Tax Credit, Aerospace Industry Engineer Workforce Tax Credit, OK Community ED Pooled Financing for infrastructure-related construction, CDBG/EDIF, Economic Development Pooled Finance Incentive and Limited Industrial Road Assistance.
MANUFACTURING SALES TAX EXEMPTIONS
The exemptions cover purchases of machinery and equipment, energy and tangible personal property used in design,
Made with FlippingBook - professional solution for displaying marketing and sales documents online