Various tax and other incentives are available to companies in Washington Parish. Call WEDF for more information about any of the programs below or download the Incentives Snapshot pdf.
- Louisiana FastStart™
- Provides workforce recruitment, screening and training to new and expanding Louisiana companies at no cost.
- Digital Media Incentive
- Provides a 25% tax credit for qualified production expenditures in Louisiana and a 35% tax credit for Louisiana resident labor expenditures.
- Economic Development Award Program
- Provides funding for site and/or infrastructure improvements for projects creating new jobs.
- Enterprise Zone
- Provides a $2,500 tax credit for each certified net new job created; and either a 4% sales/use tax rebate on capital expenditures or income and franchise tax credits up to 1.5% of investment.
- Industrial Tax Exemption
- Provides a 100% property tax abatement for up to 10 years on materials used in new manufacturing.
- Live Performance Tax Credit
- Provides a tax credit up to 25% on qualified production or infrastructure development expenditures, with additional tax credits available for payroll and transportation expenditures.
- Mentor-Protégé Tax Credit
- Provides up to $50,000 in tax credits for Louisiana-based contractors who provide competitive technical assistance to protégé construction firms.
- Modernization Tax Credit
- Provides a 5% refundable state tax credit for manufacturers modernizing or upgrading existing facilities in Louisiana.
- Motion Picture Industry Development Tax Credit
- A transferable tax credit of 30% for qualified motion picture production expenditures and an additional 5% tax credit for Louisiana resident labor expenditures.
- Quality Jobs
- Provides up to 6% rebate on annual payroll expenses for up to 10 years; and either a 4% sales/use tax rebate on capital expenditures or an investment tax credit equal to 1.5% of qualifying expenses.
- Research & Development Tax Credit
- Provides a tax credit up to 40% to existing businesses with operating facilities in Louisiana to establish or continue research and development activities within the state.
- Restoration Tax Abatement
- Provides a five-year 100% property tax abatement for the rehabilitation of an existing structure.
- Sound Recording Investor Tax Credit
- Provides a 25% refundable tax credit for qualified production expenditures on state-certified sound recording projects.
- Technology Commercialization Credit and Jobs Program
- Provides a 40% refundable tax credit for companies that invest in the commercialization of Louisiana technology and a 6% payroll rebate for the creation new, direct jobs.