About the Turtle Mountain RC

Turtle Mountain Band of Chippewa Indians

Incentives 

- Wage Credits up to $1500 for every newly hired or existing employee who lives in the RC.

- Work Opportunity Credits up to $2400 from groups traditionally unemployed.

- Welfare to Work Credits up to $5000 for each newly hired long-term welfare recipient.

- Commercial Revitalization Deduction up to $12 million per year for the Turtle Mountain RC.

- Section 179 Deduction up to $135,000 of additional qualified property.

- Environmental Cleanup Deductions.

- 0% Capital Gains Rate.

- "Qualified Zone" Academy Bonds.

- New Market Tax Credits up to 6% of amount invested.

- Low Income Housing Tax Credits.

 
About the Turtle Mountain Renewal Community Designation

In February of 2002, the Turtle Mountain Band of Chippewa was designated a "Renewal Community" by the US Department of Housing and Urban Development. The purpose of the designation is to help stimulate economic and community development on the Turtle Mountain Chippewa Indian Reservation.

As one of 40 HUD Renewal Communities, and the only one on a federally recognized Indian Reservation, the Tribe is eligible to share in an estimated $17 Billion in tax incentives to stimulate growth, promote economic development, and create affordable housing.

See our Application Summary for Renewal Community.

 

Click Here

Turtle Mountain Renewal Community is located in north-central North Dakota.  (Click for a larger map)

We have an available workforce of over 4000 people ready and willing to work for your business.  This workforce can be trained to suit your needs.

 

RC HIGHLIGHT!!


The renewal community employment credit provides businesses with an incentive to hire individuals who both live and work in a renewal community. You can claim the credit if you pay or incur “qualified wages” to a “qualified employee.” The credit is for wages paid or incurred after 2001.
 
The credit is 15% of the qualified wages paid or incurred during a calendar year. The amount of qualified wages you can use to figure the credit cannot be more than $10,000 for each employee for each calendar year. As a result, the credit can be as much as $1,500 (15% of $10,000) per qualified employee each year.

 
A qualified employee is any employee who meets both of the following tests.
 
The employee performs substantially all of his or her services for you within a renewal community and in your trade or business.
 
While performing those services, the employee's main home is within that renewal community.
 
Both full-time and part-time employees may qualify.

(C) 2004 Turtle Mountain Band of Chippewa Indians