Lewisburg, PA 17837 
KOZ Opportunity Zones
A KOZ is limited to areas with
greatly reduced or no tax burdens for residents, as well as
businesses. The State of Pennsylvania designates these zones.
Pennsylvania has designated twelve Keystone Opportunity Zones
since enactment of the program in 1999.
More specifically, a KOZ is a partnership between each community
and region among state and local taxing bodies, school
districts, economic development agencies, and community-based
organizations. KOZ status can last for no more than twelve
years. In Union County, 440 acres of the Great Stream Commons
business park has been granted KOZ status.
| State Taxes Waived | Local Taxes Waived |
|---|---|
| Corporate Net Income Tax | Earned Income/Net Profits Tax |
| Capital Stock & Foreign Franchise Tax | Business Gross Receipts, Business Occupancy, Business Privilege, & Mercantile Taxes |
| Personal Income Tax | Local Real Property Tax |
| Sales & Use Tax (purchases used and consumed by businesses in the zone) | Sales & Use Tax (county/city, purchases used and consumed by businesses in the zone) |
For more information, visit Pennsylvania's Keystone Opportunity Zone Website or SEDA-COG's KOZ website.
