Tennessee Top Credits & Incentives

Incentives are available for companies expanding within the state or relocating to the state. The amount and duration of the incentives depends on the type of company, number of jobs created and the amount of capital invested.

Standard, Enhanced, Super Job Tax Credits

In order to qualify for the job tax credit, the qualified business enterprise must make the required capital investment and create the minimum number of qualified jobs within the investment period. All requirements for the standard credit must be met before claiming any of the credits.

Industrial Machinery Tax Credit

Credit of 1% to 10% for the purchase, third party installation and repair of qualified industrial machinery.