Employment Tax Increment Financing (ETIF)

If your for-profit, non-retail, non-utility business is adding a minimum of five net* new Maine jobs within a two-year period, it may be eligible for Maine's Employment Tax Increment Financing. Under the ETIF program, businesses are reimbursed up to 80% of their new employees' Maine income tax withholdings for up to 10 years. To qualify, new employees must receive an annual income greater the county's average per-capita income, and be provided access to group health insurance and an Employee Retirement Income Security Act (ERISA)-qualified retirement program.

*Companies with current Maine employees must exceed their existing employment level. For companies relocating with no previous Maine presence, all employees are considered "new".

 

Reimbursement forms

The deadline to file an application for reimbursement of withholdings paid in 2009 is April 15, 2010. Forms for reimbursement of withholdings paid in 2009 are available below. If you have further questions, please contact your local Business Development Specialist.

To Apply for 2009 Reimbursement

 

Forms

 

Instructions

 

Sample

 

Application for 2010 certification

Forms will be available soon. If you have further questions, please contact your local Business Development Specialist.

Program Legislation and Rulemaking Information