NEW START-UP NY TAX-FREE ZONE

SUNY Old Westbury has received approval for a Start-up NY tax-free zone in Bethpage.  As a way to attract businesses to the state, participating tech companies do not pay state and local taxes for 10 years and their employees do not pay state income taxes for 10 years.  This sixth location joins the following zones in Nassau-Suffolk—-

*Stony Brook University

*Farmingdale State University

*LIU  at Post

*Suffolk Community College

*Republic Airport