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Where can I find information
about the Enterprise Zone Program?
How do I know if I am located in the San Bernardino
Valley Enterprise Zone?
What are the SBVEZ tax incentives?
How do I claim Enterprise Zone tax incentives?
How can I apply for an Enterprise Zone?
Where can I find
information about the Enterprise Zone Program?
Visit
www.SBVEZ.com or
www.CAEZ.org or
www.hcd.ca.gov/fa/cdbg/ez/
How do I know if I
am located in the San Bernardino Valley Enterprise Zone?
To verify whether your business is located within the SBVEZ, please visit
www.SBVEZ.com or contact one of the
participating jurisdictions: City of Colton Economic Development Department
Phone: 909.370.5167; City of San Bernardino Economic Development Agency Phone:
909.663.1044; County of San Bernardino Department of Economic Development
Phone: 909.387.4700; or Inland Valley Development Agency Phone:
909.382.4100
What are the SBVEZ
tax incentives?
There are 5 tax incentives available to taxpayers that invest in or operate a
trade or business located within an Enterprise Zone. The incentives are: 1)
Hiring tax credit; 2) Sales or use tax credit; 3) Business expense deductions;
4) Net operating loss carryover (NOL); and 5) Lender's credit. For information
about each incentive, refer to FTB Publication 3805Z, or FTB Publication 1158.
How do I claim
Enterprise Zone tax incentives?
Use the Enterprise Zone form FTB 3805Z. File this form with your California tax
return. For those tax incentives that require an election, make the election on
this form. The hiring credit, sales or use tax credit, and net interest
deduction do not require an election, and can be claimed on either an original
or an amended return. Make your election to claim the business expense and/or
the NOL deduction on the original return. You cannot make the election on an
amended return.
How can I apply
for an Enterprise Zone?
A governmental jurisdiction can only apply for an Enterprise Zone designation
when the State's Department of Housing and Community Development (HCD) is
accepting applications for new zones.
www.hcd.ca.gov/fa/cdbg/ez/
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