Certified Zone Business Benefits Investment Tax Credits Available to certified Empire Zone businesses that invest in the Zone by purchasing property, constructing a new facility or improving/renovating an existing facility. The credit is 10% for corporations and 8% for personal income tax filers and is claimed in the taxable year of the investment. Generally, an ITC eligible business is in manufacturing, processing, assembling, refining, mining, extracting, farming, agriculture, horticulture, viticulture or commercial fishing. Other eligible businesses include industrial waste treatment facilities, air pollution control facilities used in the taxpayers trade or business, or research and development facilities. Additionally, an Employment Incentive Credit (EIC) is available for a business that qualifies for ITC and creates new employment in a zone. The EIC is equal to 30% of the Investment Tax Credit (ITC) and can be claimed for three consecutive years following the taxable year in which the ITC was claimed.   For more Empire Zones Program investment tax information, see:   NYS Dept of Taxation & Finance Other Certified Zone Benefits: Wage Tax Credits Utility Rate Incentives Below Market Rate Financing Capital Credits