ICIP

(redirected from Industrial and Commercial Incentive Program)
AcronymDefinition
ICIPInternational Conference on Image Processing
ICIPInternational Conference on Information Processing
ICIPIndustrial and Commercial Incentive Program (tax rebate; New York)
ICIPIndigenous Cultural and Intellectual Property
ICIPIndustry Cooperative Innovation Program (Australian government)
ICIPInfrastructure Capital Improvement Plan (New Mexico)
ICIPIndonesian Cleaner Industrial Production (Program)
ICIPInterexchange Carrier Interface Protocol (ATM)
ICIPI Come in Peace
ICIPInstitut Canadien pour Les Innovation En Photonique
References in periodicals archive ?
Industrial and Commercial Incentive Program: Provides a partial exemption from or abatement of property taxes for up to 25 years for eligible industrial and commercial buildings south of Murray Street that are built, modernized, rehabilitated, expanded or otherwise physically improved.
Sparber, a 34-year veteran of tax certiorari, will continue to concentrate in the reduction of real estate taxes as well as representing clients to obtain exemptions under the New York City Industrial and Commercial Incentive Program.
On June 17, the New York Supreme Courts Appellate Division recently ruled that CDL, owner of the Millennium Broadway Hotel on West 44th Street that underwent a $36 million renovation, is eligible for real estate exemption benefits under the New York State Industrial and Commercial Incentive Program. The decision overturned a New York County Supreme Court decision.
Developments at the site may qualify for the Industrial and Commercial Incentive Program and may be eligible for wage tax credits and benefits under the New York State Empire Zone program.
Development at the site may-be eligible for some of the city's economic development benefits such as energy cost reduction programs and the Industrial and Commercial Incentive Program.
The project will take advantage of New York City's Industrial and Commercial Incentive Program (ICIP), which will reduce the tax burden on the property, making pricing more competitive.
Many of these properties are eligible for the Industrial and Commercial Incentive Program (ICIP), a tax exemption/abatement program based on the value of improvements to the land.
Bernstein was unfamiliar, however, with the current Industrial and Commercial Incentive Program (ICIP) for which building owners can apply before they do certain work that would otherwise increase the assessment - and therefore the property taxes - that would be passed along to tenants.
For this reason, clever developers and their attorneys are examining combining the 421g program with both the regular 421a program and the Industrial and Commercial Incentive Program (ICIP).
The inclusion allows companies and individuals that invest in or create new jobs in these so called EDZs to receive a combination of tax credits and benefits, along with appropriate local property tax exemptions, such as the city's Industrial and Commercial Incentive Program (ICIP).
All sites are eligible for the Industrial and Commercial incentive Program (ICIP), which is a tax exemption/abatement program based on the value of improvements to the land.
Court Square Center is also eligible for the Energy Cost Savings Program offered through the Industrial and Commercial Incentive Program (ICIP), under which tenants of the building can receive as much as 30 percent reduction of their energy bills, according to Alan Zaretsky, a principal in the partnership which acquired the 135,000 square-foot complex at 45-18 Court Square in January, 1995.
Full browser ?