The ability to adapt quickly is crucial for success. The diverse experience of our dedicated team of industry professionals can identify and mobilize tax opportunities with ease. The ability to adapt quickly is crucial for success. The diverse experience of our dedicated team of industry professionals can identify and mobilize tax opportunities with ease and proficiency. Deloitte can advise you on the growing number of tax and financial offsets governments offer globally to encourage business activity. You may be eligible for tax and financial incentives to reduce costs, capture value, and support earnings per share or distributions through:

• Customs and duty, VAT exemption, or abatement
• Research and development
• Grants or incentives as a function of employment creation, capital investment, and sustainability initiatives
• Tax holidays
• Sustainability incentives including rebates, accelerated depreciation, tax credits, cash innovation, and IP-related tax and financial credits and incentives

• Research and development
  • Product, software, and process development and improvement.
    

• Sustainability initiatives and Inflation Reduction Act related credits
  • For example, green spend, solar energy, wind power, and electric vehicles.

• Real estate and capital investment
  • Including equipment expenditures, business relocation, and infrastructure improvement.
    

• Employment activities
  • Jobs creation and transfer, including job skills upgrades and retention.

State and local tax credits and incentives can unlock opportunities during significant organizational growth and change. Deloitte can help you identify the local tax credits and incentives that may help you manage operational costs, improve earnings, enhance your economic value, and more. When you work with Deloitte, you may be able to take advantage of:

• Property tax abatements/rebates
• Sales tax exemptions/rebatesEmployment and hiring credits
• Tax increment financing
• Cash grants
• Permit fee waivers
• Recruitment incentives
• Research and development credits
• Data center incentives
• Freeport exemptions

The use of public-private partnerships and tenancy in common arrangements allows state and municipal entities to take advantage of cash-tax savings in the form of refundable tax credits/direct-pay.

•  IncentivesHub research Incentive module
– Web-based surveys collect detailed information required to compute and claim research incentives.
– Proprietary algorithms compute qualified expenditures.
– The module securely stores and organizes key supporting documents.

•  IncentivesHub credit, grant, and incentive module
– View credit and incentive project data in a single dashboard.
– Track project milestones to assist with timely compliance and substantiation.
– Receive timely reminders of reporting deadlines and critical benefit maintenance tasks.

• IncentivesHub WOTC (Work Opportunity Tax Credit) module
– Streamline information gathering and screening processes for new hires to assist in meeting the 28-day filing deadline.

• Deloitte's IncentivesHub technologies
– Features multiple language and currency support for multinational use.
– Securely hosted by Deloitte in our Global Hosting Center (UK and US).