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Illinois Revives Premier Corporate Tax Incentives

Business Facilities

There’s credit for the cost of training new employees and investing in low-income areas, plus provisions that allow small businesses easier entry into the program. Based on available space inventory, Wheeling’s industrial parks continue to experience strong demand from both existing and new businesses. Of those jobs, approximately 33.5

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State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The rates range from $.25 25 to $1.75

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Location Focus: Illinois – Trying to Make Headway in Every Way

Business Facilities

Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. Served by three interstate highways: I-90, I-290 and I-355, Arlington Heights is conveniently located only 10 miles from O’Hare International Airport and five miles from Chicago Executive Airport.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

Currently there are two: one located in the Little Rock Metro in Central Arkansas and another in West Memphis in Northeast Arkansas. Our economic development region (Metro Little Rock Alliance) goes beyond our MSA, representing a 12-county region with a population of over 1,000,000 people reflecting the mobility of our workforce.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. 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.

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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

Buisness Facilities Contributed Content

million aviation technical school is nearing completion at the Fairhope Airport Industrial Park, designated at an Alabama AdvantageSite. The latest designation happened in April, when the Fairhope Airport Industrial Park in Baldwin County received the AdvantageSite certification. ALABAMA SITES ARE READY FOR JOB-CREATING GROWTH.

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