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Enterprise Zone California Benefits:
Enterprise Zones (EZ) were created to stimulate economic growth in the most economically distressed areas throughout the state; help attract, retain and expand business and industry; and create increased job opportunities for all Californians.
- Sales and use tax income credits for purchases of machinery and equipment.
- Employment tax credits for hiring employees.
- Lender interest deduction for loans made to EZ businesses.
- Net operating loss carry forward to future years.
- Priority bid preferences for EZ businesses bidding on state procurement contracts.
- Up-front accelerated expensing of equipment purchases.
