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Iowa’s Tax Incentives Propel Data Center Growth and Tech Investment Opportunities

  • Iowa’s Sales and Use Tax Incentive Program offers significant tax exemptions and refunds to attract data center investments.
  • Full tax exemption is available for investments of $200 million or more, covering equipment, infrastructure, and electricity.
  • Partial refunds are available for investments as low as $1 million, with varying refund rates and durations based on investment size.
  • Eligibility requires operating a data center in Iowa, meeting facility size and design standards, and meeting specific investment thresholds within set timelines.
  • The program aims to lower costs for tech businesses, making Iowa a competitive location for data center development.

Source: dmainc.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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