Pine Tree Zones should not be overlooked
MERRILL BARTER
State and local tax practice leader, Baker Newman Noyes, Portland
As noted in the Feb. 6 issue of Mainebiz, Maine again received a very poor ranking for its business tax climate. Specifically, it ranked 37th in the annual report by the Washington, D.C.-based Tax Foundation. However, this does not mean the state lacks some valuable tax incentives for businesses. One of the more significant incentives is Maine's Pine Tree Development Zone program.
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