Economic Development for Tribes

Advantages

Advantages

Business Advantages of Native American Tribes:

Not subject to:

• Federal, State & Local Income Tax

• State & Local Excise Tax

• Property Tax

• Sales Tax Purchasing Products

• State Labor Laws

• State Environmental Laws

• State & Local Permit Requirements.

 

Eligible for:

• Tax Increment Financing

• New Market Tax Credits

• Tax Exempt Bond Financing

• Accelerated Depreciation

• Employment Tax Credits

• Gov’t Contracts (Buy Indian Act, Hub Zone, etc.)

• Discounted Leasing Rates

• Custom Duty Deferral, Reduction or Elimination

Note: Other rules, regulations and laws may apply to specific Tribes and businesses due to Treaties, compacts, etc