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Qualifying businesses that satisfy the gross receipts
and hiring requirements each year can qualify for the
following tax benefits for up to seven consecutive years:
- 100% exemption from General Excise Tax
- An 80% State Income tax credit the first year
(declining by 10% each year for the next six years)
- An additional State income tax credit equal to
80% of the Unemployment Insurance premiums paid
the first year (declining by 10% each year for the
next six years)
Maui County offers additional benefits that
may include one or more of the following:
- Priority permit processing
- Zoning or building permit waivers or variances
- Property tax adjustments
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