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Application (Form DR-418E) must be submitted to the Enterprise Zone Development. Agency (EZRA) on or before February 1 of the year for which exemption is ...

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What is enterprise zone ad valorem?

Enterprise zone ad valorem is a tax incentive program that allows eligible businesses located in designated enterprise zones to receive a reduction in property taxes based on the value of their taxable property.

Who is required to file enterprise zone ad valorem?

Businesses located in designated enterprise zones that meet the eligibility criteria are required to file enterprise zone ad valorem.

How to fill out enterprise zone ad valorem?

To fill out enterprise zone ad valorem, businesses need to provide information about their taxable property value, the enterprise zone they are located in, and any other required details as per the guidelines specified by the tax authorities.

What is the purpose of enterprise zone ad valorem?

The purpose of enterprise zone ad valorem is to encourage economic development in designated areas by providing tax incentives to eligible businesses, thereby attracting investment and creating job opportunities.

What information must be reported on enterprise zone ad valorem?

Businesses must report details about their taxable property value, the enterprise zone they are located in, and any additional information required to determine their eligibility and calculate the tax benefit.

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