Tuesday, May 27, 2014
START-UP NY is Governor Cuomo’s initiative to transform campuses and university communities across the state into tax-free communities for new and expanding businesses. Business will be able to locate in these zones and operate 100% tax-free for 10 years.
- No income tax.
- No business or corporate state or local taxes.
- No sales tax.
- No property tax.
- No franchise fees.
Businesses will have access to resources of world-class higher education institutions, including industry experts and advanced research laboratories. Universities and colleges will become tax-free communities that provide their students and teachers access to real-world, cutting edge business experiences. Learn more about the program at http://startup.ny.gov/