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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act.

Income 108
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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. Photo: Kentucky Cabinet for Economic Development). That’s where Kentucky shines. A major initiative of Kentucky Gov. And a number of initiatives, programs and advantages are moving Kentucky toward that goal.

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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.

Income 75
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Automotive Industry Focus: Hitting On All Cylinders

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However, analysts say higher interest rates and a glut of cars coming off leases (which will crowd used-car lots with late-model vehicles available at discounts) could act as a damper on new-car sales. KENTUCKY: A CENTURY OF LEADERSHIP. Source: Kentucky Cabinet for Economic Development). million in December from 18.2

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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund. Funds are to be used for business development activities.

Indiana 108
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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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Mesa Mayor Scott Smith, City Manager Chris Brady and Economic Development Director Bill Jabjiniak assisted Apple with its Foreign Trade Zone application to provide real and personal property tax relief for Apple’s investment in the Mesa site. Mesa also processed the required permits expeditiously. Toyota is investing an additional $171.2

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FEATURE STORY: 2013 Economic Development Awards

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Highlights include the largest industrial spec development lease in the last five years in Broward County. The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones.

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