Lackawanna County, Pennsylvania offers many opportunities to invest and grow your business and real estate portfolio. Keystone Opportunity Zones (KOZ) offer tax incentives to residents, investors, developers and business owners who are located within the designated areas.
About KOZ
Companies that locate within a Keystone Opportunity Zone (KOZ) will enjoy tax exempt benefits.
Designated by municipality, school district and county and approved by the Commonwealth of Pennsylvania, KOZ-eligible tenants may be exempt from state and local business taxes through a designated period.
Taxes
Qualified businesses, property owners and residents may be exempt from the following taxes:
State Taxes
Local Taxes
Eligibility
Businesses that are new to the Commonwealth of Pennsylvania are eligible for KOZ benefits should they locate within a designated zone. Existing Pennsylvania businesses relocating into a Keystone Opportunity Zone must meet the following criteria to receive the benefits of the zone.
Are you interested in finding more information about available KOZ Zones? Let The Scranton Plan serve as your one-stop resource, finding available buildings and land sites within Lackawanna County, Pennsylvania. Our inventory of available real estate options, combined with our long history of economic development and site selection services allow us to stand ready to help you attract, grow and sustain business within Northeastern Pennsylvania. Contact The Scranton Plan today to learn more about the Keystone Opportunity Zones available.