Tax Incentives: Industrial Facilities Tax Exemption (IFTA)

Industrial property tax abatements (PA 198) provide incentives for eligible businesses to make new investment in Michigan. These abatements encourage Michigan manufacturers to build new plants, expand existing plants, renovate aging plants, or add new machinery and equipment.

An Industrial Facilities Exemption (IFE) certificate entitles the facility to exemption from ad valorem real and/or personal property taxes for a term of 1-12 years as determined by City Council.

IFTA Fact Sheet

IFTA Application