Maine’s Pine Tree Development Zone Program

Baker Newman Noyes’ state and local tax expert Merrill Barter authored an article in Mainebiz on Maine’s Pine Tree Development Zone (PTDZ) program. The PTDZ program is comprised of several tax incentives that offer Maine businesses in eligible sectors the opportunity to greatly reduce, or possibly eliminate, state taxes for up to 10 years. The goals of the PTDZ program are to create quality jobs in targeted business sectors and to support new and expanding businesses in Maine and businesses relocating here. Read the full article here.