Releases

Tax Credit Review

IFO Releases

Research and Development Tax Credit

January 21, 2020 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the second year, the IFO reviewed the Research and Development, Keystone Innovation Zone, Mobile Telecommunications Broadband Investment and Organ and Bone Marrow Donation Tax Credits.

Click on the link to access the Research and Development Tax Credit Report.

Full Report

Keystone Innovation Zone Tax Credit

January 21, 2020 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the second year, the IFO reviewed the Research and Development, Keystone Innovation Zone, Mobile Telecommunications Broadband Investment and Organ and Bone Marrow Donation Tax Credits.

Click on the link to access the Keystone Innovation Zone Tax Credit Report.

Full Report

Mobile Telecommunications Broadband Investment Tax Credit

January 16, 2020 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the second year, the IFO reviewed the Research and Development, Keystone Innovation Zone, Mobile Telecommunications Broadband Investment and Organ and Bone Marrow Donation Tax Credits.

Click on the link to access the Mobile Telecommunications Broadband Investment Tax Credit Report.

Full Report

Organ and Bone Marrow Donation Tax Credit

January 16, 2020 | Tax Credit Review

Act 48 of 2017 requires the Independent Fiscal Office (IFO) to review all state tax credits over a five-year period. For the second year, the IFO reviewed the Research and Development, Keystone Innovation Zone, Mobile Telecommunications Broadband Investment and Organ and Bone Marrow Donation Tax Credits.

Click on the link to access the Organ and Bone Marrow Donation Tax Credit Report.

Full Report

Tax Credit Reviews

January 18, 2019 | Tax Credit Review

Click on the hyperlink above to access the (1) Film Production Tax Credit, (2) Historic Preservation Tax Credit, (3) New Jobs Tax Credit and (4) summary PowerPoint presentation.

Full Report

Neighborhood Assistance Program Tax Credit

April 02, 2018 | Tax Credit Review

The IFO responds to a request regarding the Neighborhood Assistance Program Tax Credit. 

Full Report

Uncapping the Film Production Tax Credit: A Fiscal and Economic Analysis

May 31, 2013 | Tax Credit Review

This report presents the results of an analysis performed by the Independent Fiscal Office (IFO) on the fiscal and economic impacts of eliminating the cap on Pennsylvania’s film production tax credit (FPTC). The report also considers stand-alone tax credits for post-production and digital interactive media services.

Full Report