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Idaho judge dismisses case against business tax credit

A district court judge has dismissed a lawsuit challenging the legality of a tax reimbursement credit that was passed in 2014 with the support of Idaho farm groups.  The tax incentive has already helped Idaho land Amy’s Kitchen, an organic convenience food maker, and facilitated an $82 million expansion by Glanbia Foods, a cheese manufacturer.  The tax credit will be used by a food product manufacturing company that plans to make a $15 million capital investment in Boise that will result in 80 new jobs. Idaho Department of Commerce officials have not released the name of that company yet due to a confidentiality agreement. IDC Director Megan Ronk praised the court ruling and noted the tax incentive has resulted in 4,737 new jobs and an estimated $2.1 billion in new payroll.

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Capital Press
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