-- - -
....
FRIEDMAN .... ............ ..... FRIEDMAN
G R O U P,  L T D. .. DEVELOPMENT, LTD.
..314.367.2800
      Real Estate*Brokerage
.Representation*Consulting
  Management*Development
.

Tax Credit Programs

Click here to learn more about Historic Tax Credits

    YOUR COMPANY MAY BE ELIGIBLE FOR SUBSTANTIAL
MISSOURI STATE REBUILDING COMMUNITIES TAX CREDITS
Eligible businesses may receive either a credit of 40% of state income taxes due
(up to a maximum tax credit of $125,000) or 40% of funds expended for qualified equipment
(up to a maximum tax creditof $75,000), for each of three years following the commencement of
operations. (Existing businesses only qualify for a 25% credit on purchases of qualified equipment).
Qualified employees may receive a credit of 1.5%of their gross salary for each of three years.

The 40% and 25% credits may be used for taxes owed the previous three years, or in any of the five
tax years thereafter, or may be transferred, sold or assigned. The 1.5% credit may be carried forward
indefinitely.

ELIGIBILITY: A new business commencing operations in an eligible location (see below), a business
relocating to an eligible location, or a business that is already existing in an eligible location
(an existing business is only eligible for a 25% credit for funds expended for qualified equipment).

ELIGIBLE LOCATIONS: In the St. Louis metropolitan area, eligible municipalities are the entire cities
of St. Louis, Maplewood and Wellston and sections of Breckenridge Hills, Ferguson, Jennings, Lemay,
Overland, St. Ann, St. Charles, and St. John. There are a total of 214 entire and 29 partial eligible
municipalities in Missouri.

ELIGIBLE BUSINESSES: Manufacturing, biomedical, medical devices, scientific research, animal
research, computer software design or development, computer programming, telecommunications or
certain professional firms.

75% or more of the businessís employees must be located at its facility in the eligible location
(prior to receiving credit) and the business must have fewer than 100 employees at all locations
(at time of Pre Application submission.)

ELIGIBLE EQUIPMENT: Computer equipment and its maintenance, medical laboratories and
equipment, research laboratory equipment, manufacturing equipment, fiber optic equipment,
high speed telecommunications, wiring or software development expense.

Eric Friedman of the Friedman Group, Ltd. was involved in getting the Rebuilding Communities Tax Credit
Program and the Historic Tax Credit passed by the Missouri legislature.  Eric is a board member of the
Downtown St. Louis Partnership, Inc. and Chairman of their Biz Committee program to market this program
to area businesses. The Friedman Development, Ltd. offers consulting services to clients wanting to take
advantage of this and other Missouri tax credit programs.



For more information, please contact:

Friedman Group, Ltd. & Friedman Development, Ltd.
245 Union Boulevard
St. Louis, MO  63108  USA
Phone:   314.367.2800
Fax:       314.367.3671
Erics@FriedmanGroup.com