Aviation Development Zone Tax Credit

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
Links & Resources