Enterprise Zone

PRE-CERTIFICATION NOW REQUIRED

Please see information below.

Colorado’s Enterprise Zone program provides tax incentives to encourage businesses to locate and expand in designated economically distressed areas of the state. Baca County qualifies for both the Enterprise Zone AND Enhanced Rural Enterprise Zone tax credits.

There are 16 Enterprise Zones and 2 sub-zones in Colorado. Businesses located in an Enterprise Zone may qualify for up to nine Enterprise Zone Tax Credits that encourage job creation and investment in the Enterprise Zone. Local jurisdictions may have additional incentive opportunities in the Enterprise Zone.

Links to other EZ resources:

Tax Credits
State Map
EZ Administrator Contact Info
Enhanced Rural EZ
Contribution Projects
Public Records Law & Annual Reports

For more information on legislative changes, please visit the EZ Legislation web page.

Overview Table

Please use the links provided in the table below to access the Department of Revenue tax form and FYI Publication for each tax credit. If claiming Enterprise Zone tax credits, it is recommended that you review the Enterprise Zone FYI Publications available from the Department of Revenue.

Tax Credit Investment Tax Credit Job Training Tax Credit New Business Facility (NBF) Tax Credits Jobs Credit Ag Processing Jobs Credit Health Insurance Credit R&D Increase Tax Credit Vacant Building Rehabilitation Tax Credit Manufacturing/Mining Sales and Use Tax Commercial Vehicle Investment Tax Credit (CVITC) Contributions to Enterprise Zone Projects

Credit Amount 3% of equipment purchases 12% of qualified training expenses ---- $1,100 per new job $500 total per new ag. job $1,000 per new insured job (available for first 2 years in EZ) 3% of increased R&D expenditures 25% of rehabilitation expenditures Expanded S&U tax exemption in EZ 1.5% of commercial vehicle purchases 25% cash/12.5% in-kind donation

Form Online form Online form ---- Online form Online form Online form Online form DR1191 CVITC Application DR0075

FYI FYI Income 11 FYI Income 31 ---- FYI Income 10 FYI Income 10 FYI Income 10 FYI Income 22 FYI Income 24 Currently Unavailable CVITC Details/FYI Income 11 FYI Income 23

Enterprise Zone Fact Sheets

For more information, please visit the Tax Credits page of the website or download:

Enterprise Zone Fact Sheet
Enhanced Rural Enterprise Zone Fact Sheet
Enterprise Zone CVITC Fact Sheet

Certification Forms

Enterprise Zone tax certification forms:

Forms DR0074, DR0076, and DR0077 require online completion.

Forms DR1191 and CVITC may be completed in hard copy.

You will need Adobe Acrobat Reader to view and print forms. To download the free Adobe software, click here.

Steps for PRE-CERTIFICATION

1. Log on to www.choosecolorado.com to request the pre-certification of Enterprise Zone Tax Credits.

2. Fully complete the enterprise zone tax form and submit.

3. After the form is processed, notification is provided via email. If approved, keep the Certification Number for future reference.

Steps for Certification

1. Log on to
http://choosecolorado.com/doing-business/incentives-financing/ez/ to complete the certification of Enterprise Zone Tax Credits. Answer all questions including employment and investment figures whether or not you are claiming credits related to employment or investments.

2. Automatic electronic delivery of Baca County Enterprise Zone and Enhanced Rural Enterprise Zone tax forms are submitted for approval to:

Stephanie Gonzales
Enterprise Zone Administrator
Phone: 719-336-3850
Email: seced@seced.net

3. Upon receiving your fully completed online certification form from the state, SECED will certify that your location is within the Baca County Enterprise Zone. Electronic approval confirmation will be returned via email within 48 hours.

4. As of January 2012, forms submitted via hard copy will no longer be accepted. All tax credits must be submitted electronically at: https://www.colorado.gov/apps/oedit/enterpriseCert/home.jsp
A copy of the electronic form submitted plus confirmation email must accompany the Colorado income tax return.
Do not send the form independently of your tax return — it must be attached to your return like any other supporting schedule.

For more information on the Enterprise Zone, plesae contact:

Stephanie Gonzales
Enterprise Zone Administrator
Phone: 719-336-3850
Email: seced@seced.net