Incentives & Services

Real Estate Tax Exemptions

Real Estate Tax Exemptions: Businesses that commit to job creation in Nassau County can take advantage of a PILOT (Payments In Lieu Of Taxes) agreement with us. These payments are in lieu of real estate taxes, but PILOT payments are distributed to tax jurisdictions in the same percentage as tax payments in the same manner as standard real estate taxes. Payments are made to the County, which in turn distributes them to the local taxing jurisdictions. PILOT programs are a stabilized schedule of real estate taxes over a determined time period. This is essential when a company, or their financial lender, is examining the return on investment of capital investments. For further background and information of the PILOT program please visit our FAQ.

Sales and use tax exemptions

Businesses can receive partial or full exemptions of sales or use tax on qualified construction or equipment purchases occurring during the construction phase of a new project or expansion.

Mortgage recording tax exemption

Businesses can receive a partial exemption from mortgage recording tax (MRT) for a mortgage recorded in connection with a project. 

Because every business is unique, we’re here to help you identify opportunities that meet your goals. Contact us to discuss how we can customize a solution that’s right for you.

Our partners also offer additional services, from loans to tax credits to workforce training. For a full description of the available tax incentives, please refer to our Uniform Tax Exemption Policy (UTEP).

Learn more about additional resources provided by our partner organizations on our  Partners page.

 
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Economic Impact

Nassau County is on track to see an economic boom, with innovative and equitable opportunities to establish thriving businesses, get hired by a business, gain or find employment, and build a future.

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Our Process

We strive to be quick and efficient, with a goal of 90 to 120 days from the time an application is submitted to final approval. Accountability and transparency is our promise to you throughout the process.  

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