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Port of South Louisiana: Your Key to the World

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The Port of South Louisiana, founded in 1960, has grown in size and strength to become the largest tonnage port in the Western Hemisphere as well as, according to a recent report by international shipping magazine Fairplay, the 16th ranked port in the world out of 5,000 ports. billion in income, $14.4 billion in revenue, and $72.5

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Global Growth Surge in Southwest Louisiana

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While standing next to each other during a press conference, Louisiana Governor John Bel Edwards and Lotte CEO Soon Hyo “Steve” Chung told a group of onlookers that the company would establish its headquarters in Lake Charles (relocating from Houston). By the BF Staff. From the July/August 2017 Issue. Photo: SWLA). Edwards said. “We

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Ports And FTZs: Enter With Less Risk

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An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. These services allow the airport to serve as an initial port of entry for foreign visitors arriving in a country. NASHVILLE ASCENDS: A CITY AND AIRPORT FLYING HIGH.

Risk 40
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State by State Incentives Guide

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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 tax for existing entities accrues as of Jan. The rates range from $.25

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STATE INCENTIVES GUIDE

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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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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. Other states with large shale deposits—including Pennsylvania, Ohio and Louisiana—are moving full speed ahead with large-scale fracking operations.

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Cover Story: New Energy Powers Growth

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Natural gas also is lifting the state economy in Louisiana. 3 natural gas producer (including offshore production), Louisiana is uniquely poised to create significant next-generation energy growth. With 32 ports statewide, Louisiana offers six deep-draft ports capable of transferring large quantities of cargo, is one of only two U.S.