Business incentives
There are a number of federal, state and local incentives from which businesses considering locating to the Town of Walker can benefit. For information about such programs, follow the applicable links below, or visit the Louisiana Economic Development Incentive Finder by clicking here.
Angel Investor Tax Credit
Provides up to a 50% tax credit for individual investors who invest in early state, wealth-creating business. To read more, click here.
Digital Interactive Tax Credit
Provides a 25% tax credit for qualified production expenditures in Louisiana and an additional 10% tax credit for Louisiana resident labor expenditures. To read more, click here.
Economic Development Award Program
Provides funding for site and/or infrastructure improvements for projects creating new jobs. To read more, click here.
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%. To read more, click here.
Gulf Opportunity Zone
Provides tax incentives for business development in parishes most affected by hurricanes Katrina and Rita, including 50% bonus depreciation and tax-exempt bonds. To read more, click here.
Industrial Tax Exemption
Provides property a 100% tax abatement for up to 10 years on materials used in new manufacturing. To read more, click here.
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. To read more, click here.
Louisiana FastStart
Provides workforce recruitment, screening and training to new and expanding Louisiana companies at no cost. To read more, click here.
Mentor-Protege Tax Credit
Provides up to $50,000 in tax credits for Louisiana-based contractors who provide competitive technical assistance to protege construction firms. To read more, click here.
Motion Picture Industry Development Tax Credit
A transferable tax credit of up to 30% for qualified motion picture production expenditures and an additional 5% tax credit for Louisiana resident labor expenditures. To read more, click here.
New Market Tax Credit
Investors in qualified projects can obtain a federal income tax credit of 5% to 6% of the amount invested for each year the investment is held, for up to seven years. To read more, click here.
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. To read more, click here.
Renewal Communities
Provides federal income tax credits to businesses investing in Renewal Communities, which are distressed areas in urban and rural communities that the federal government has targeted for development. To read more, click here.
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. To read more, click here.
Restoration Tax Abatement
Provides a five-year, 100% property tax abatement for the rehabilitation of an existing structure. To read more, click here.
Sound Recording Investor Tax Credit
Provides a tax credit for up to 25% for qualified production or infrastructure development. To read more, click here.
Technology Commercialization
Credit & 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 of new, direct jobs. To read more, click here.