The New Economy Transformation Act of 2000 (NET 2000) provides tax incentives for qualified high technology companies located in the District of Columbia. This law is intended to promote growth of the District's technology industry through significant tax reductions.

Business must meet the following criteria for NET 2000 eligibility:

• The business is an individual or for-profit entity with 2 or more employees.
• The entity maintains an office, headquarters, or base of operations in DC.
• The business derives 51% or more of gross revenues from a high tech business as defined in the law.

Determine your estimated business taxes in Washington, DC under NET 2000 and compare this with estimated taxes in two other local municipalities with our Tax Calculator.

Depending on where a company is located, the incentives provided by NET 2000 can be combined with the federal Enterprise Zone incentives.

The full text of the legislation and applicable regulations should be consulted to determine eligibility, restrictions, and further information on specific provisions. To learn more on the financial incentives available to qualified high tech companies and the tech industry in DC, select from the following:

• NET 2000 Incentives Summary
• NET 2000 Tax Calculator
• DC Law 13-256 - New Economy Transformation Act of 2000 (NET 2000)*
• Tax Regulations and Tax Forms
• Regulations for Affordable Facilities Provisions
• High Tech Development Zones
• Resources and Testimonials
• Research and Reports on DC's Tech Industry