Community and Economic Development
PA TAX AND RENT REBATE
KEYSTONE OPPORTUNITY ZONES (KOZ)
UPMC is seeking vendors from all industries to become approved suppliers of goods and services in Pennsylvania to secure unfulfilled contracts. Attendees of this no-cost webinar will learn about the process and receive materials to help improve their overall business acumen.
Increase Revenue + Improve Your Business Acumen
- All Business Owners welcomed, including: Minority, Women, Veteran, Disabled, LGBTQ
- All industries welcomed, including: Service, Manufacturing, Retail, and more!
- Receive 350+ Comprehensive Sales Materials
Sponsors: University of Pittsburgh SBDC, UPMC Supplier Diversity, Pennsylvania SBDC, PA Partnerships for Regional Economic Performance, U.S. Small Business Administration
PAST PRESS RELEASES AND NOTICES
Keystone Opportunity Zones (KOZ)
The City of St. Marys, in association with the St. Marys Area School District and Elk County, has designated four industrial parks as Keystone Opportunity Zones (KOZ). A Pennsylvania KOZ is a geographic area designated by local governments and approved by the State as virtually tax free. A KOZ will be given priority consideration under various state community building assistance programs. The State and local communities would issue credits, exemptions, abatements, or deductions to reduce taxes (listed below) to virtually zero for areas designated as KOZ.
State Taxes
- Corporate Net Income Tax
- Capital Stock and Foreign Franchise Tax
- Personal Income Tax
- Sales and Use Tax
Local Taxes
- Local Real Property Taxes
- Business Gross Receipts, Occupancy & Privilege Tax
- Earned Income/Net Profits Tax
- Sales and Use Tax