Aviation Development Zone Tax Credit

A business or any portion of a business that is involved in the maintenance and repair, completion or modification of aircraft located within the boundaries of an airport designated as an Aviation Development Zone may qualify for a state income tax credit of $1,200 per new full-time employee.

ADZ Fact Sheet

HB 16-1119: Modify Sales & Use Tax Exemption for Aircraft

  • Modifies the number of days an aircraft may remain in the state after it’s purchased for purposes of sales and use tax exemption on the purchase of certain aircraft

For more information, contact Simon Fox, Deputy Director of Business Funding & Incentives.

CO_logo_primary_green Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us