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GOED Announcement on Enterprise Zones

Monday, March 30, 2020   (0 Comments)
Posted by: Amy Spencer
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The Utah Governor's Office of Economic Development has issued the following email:

We hope this email finds you safe and in good health. We have been working to quickly process your Enterprise Zone tax credit applications with the goal to have as many as possible completed for the April 15th tax deadline. We hope you have felt from you side, a quicker turnaround from application to receipt of an approval letter and a tax credit certificate. In some recent cases this has been as few as 4 business days. 

As you are well aware, the April 15th Tax deadline has been delayed. We intend to continue to process tax credits, but want to recalibrate your expectations back to the standard 30 day turnaround time in April and May. Our GOED staff provides support for many other new and existing programs and we thank you for working with us to assist your clients in obtaining a tax credit.

We anticipate another refocus of providing tax credits to your clients toward the Enterprise Zone program in the June and July timeframe. Please let me know if you have any questions or concerns.

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