Tax Incentives Played Role in DaVita Location Decision

In addition to factors previously cited in DaVita's decision to move to metro Denver, The Denver Post discusses the role of state tax incentives:

Money Quote:

"A new state law was critical in the decision by the country's largest
kidney-dialysis provider to move its corporate headquarters to
Colorado...Incentives in a new law that takes effect in August "were relevant
and necessary," DaVita chief executive Kent Thiry said Wednesday at a news
conference...Thiry called the incentives the "necessary lubricant" to assist the
company with the time and financial commitments of relocation...How much
incentive money flows to DaVita "is yet to come," said Don Elliman, director of
the Colorado Office of Economic Development and International Trade.
Elliman said the law gives a state income-tax credit of 3.8 percent for up to
five years to companies if they select Colorado over competitors and create at
least 20 jobs."