Allows businesses located in an enterprise zone who collect and pay Florida Sales & Use tax, and create a new full-time job, a credit against their tax based on wages paid to new employees (in a full-time job) who have been employed by the business for at least 3 months and are residents of a Florida Enterprise Zone.
FORMS
- Enterprise Zone Jobs Tax Credit (Sales and Use Tax)
 Form DR-15ZC
- Enterprise Zone Jobs Tax Credit (Sales and Use Tax) Instructions Form DR-15ZCN
PURPOSE
- Allows business located in a Florida Enterprise Zone a monthly credit against their tax due on wages paid to new employees.
ADVANTAGES
- Provides a credit of 20% of wages paid to new eligible employees who are residents of Florida Enterprise Zone.
- If more than 20% of the employees are residents of a Florida Enterprise Zone, the credit is 30%.
LIMITATIONS
- The credit is limited to the amount of tax due on each return.
- There is no refund or carry-forward for credit in excess of the tax due.
- This credit is not available if the Enterprise Zone Jobs Tax Credit against corporate tax is taken.
- The credit is limited to 24 months if the employee remains employed for 24 months.
ELIGIBILITY REQUIREMENTS
BUSINESS
- Must be located within an Enterprise Zone.
- Must collect and pay sales and use tax.
- Must not be taking E.Z. Jobs Tax Credit against corporate income tax.
EMPLOYEE
- Must reside and work in a Florida Enterprise Zone.
- Welfare Transition Program participants may reside anywhere, but must work within a zone.
- Must work at least 36 hours per week (no part-time employees).
- Must be employed for three consecutive months.
- New employee cannot be an Owner, Partner, or Stockholder.
- Employees leased from an employee leasing company must continuously be leased to an employer for more than 6 months.
- Previous employees must not have been employed by the hiring business in the preceding 12 months.
- Tax credits shall be allowed for up to 24 months per new employee.
- Tax credit amount cannot be more than amount of sales tax owed for the month.
CALCULATIONS
- Number of permanent, full-time zone resident employees/total number of permanent, full-time zone and non-zone resident employees
- If this percentage is less than 20% the tax credit will be 20% of monthly wages paid to new employee.
- If this percentage is 20% or more the tax credit will be 30% of monthly wages paid to new employee.
For additional information contact Karen Hintz, Economic Development Program Coordinator, Economic Development Council of Tallahassee/Leon County, Inc. (850) 521-3111 or khintz@taledc.com
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