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Tax Reform Impact on Employers and Employees

Revit OpEd

The Tax Bill suspends the exclusion for qualified moving expense reimbursements for taxable years 2018 through 2025. The Tax Bill also suspends the deduction for qualified moving expenses for taxable years 2018 through 2025. The Tax Bill adds a definition of “tangible personal property.” Work-related education.

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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

are implementing site certification programs called “shovel ready”—meaning that the site is primed and ready for economic development. Additional construction will continue into 2016 and the plant is anticipated to begin commercial production in 2018. Development sites in 15 Minnesota communities have received certification to date.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. ACHIEVEMENT IN SITE CERTIFICATION. We have two winners for this year’s award for Achievement in Site Certification: Indiana Economic Development Corp. The stem-cell market currently is valued at about $1.4

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State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

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