Bayonne, NJ New Jersey Yellow Pages - Bayonne, NJ Online Yellow Pages

Enrepreneurs and investors can benefit from a tax and regulatory relief from the Urban Enterprise Zone by starting a business in the area of Bayonne, NJ. In addition to these benefits, shoppers are offered a reduced 3 1/2% sales tax rate. The enterprise zone suggests investments will improve after encouraging a production of goods. Sections of Bayonne take part in the Urban Enterprise Zone. Accordingly, the services and goods supply and job opportunities will increase. The bill which was introduced into legistlation under the �Urban Employment Opportunities Development Act of 1967� provided job-training programs, accelerated depreciation schedules, federal tax credits, and incentives to those employers to establish industry among urban poverty centers.