PA Department of Community and Economic Development
Manufacturing Tax Credit (MTC) Program
Manufacturing Tax Credit (MTC) Program is a funding opportunity from PA Department of Community and Economic Development, up to $4.0M.
Overview
Program provides tax credits to taxpayers who increase their annual taxable payroll by $1,000,000 through the creation of new full-time jobs. Tax credit awards shall be equal to 5% of the taxpayers increase in annual taxable payroll, if increased by at least $1,000,000 above a pre-determined base year amount.