Manufacturing Tax Moratorium
Manufacturing companies have new tax relief, being able to save money by locating or expanding a facility in Louisville Metro. The Manufacturing Tax Moratorium allows property taxes to be abated for five years, for:
- A new manufacturing company locating in, or moving into, Louisville Metro;
- The increased value of a building/equipment for an existing manufacturing company that is expanding its operations for a new product line in Louisville Metro
Download: Tax Moratorium Application (pdf)
For more information, call 502.574.4140.
Property Tax Assessment and Reassessment Moratorium
The Property Tax Assessment/Reassessment Moratorium allows the waiver of the local incremental tax value for added improvements from the assessment of a structure. The following properties are eligible:
- Structures older than 25 years are eligible if improvements are at least 25% of the property's value;
- Structures older than 25 years and in a qualifying target area are eligible if improvements are at least 10% of the property's value
Moratorium is valid for 5 years.
Click here for an application and more information, or call 502.574.3361.