State & Local Tax Incentives www.cbiz.com/taxincentives Issue A pharmaceutical R&D firm in Missouri sought to expand its current location by renovating existing buildings and adding new equipment, which totaled an investment of over $40 million. In addition, the company planned to create several hundred new jobs. Solution CBIZ’s Tax Incentives Group worked with the firm to proactively develop a detailed spreadsheet of all investment expenditures, new job wages and benefits and the timeline to accomplish this project. We incorporated the information into an application for economic development incentives and presented it to the state economic development agency. Our team completed the application and assisted throughout the reimbursement process to ensure the pharmaceutical firm m

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