Buisness Facilities Contributed Content

MARCH 21, 2014

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.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

FEBRUARY 28, 2013

One company that can attest to this collaborative spirit at SMUD is Micron, which acquired a local company, Numonyx, in 2010 and then launched its North American headquarters in Folsom, California, part of SMUD’s service territory. As of the 2010 census, the median income levels for the Barstow area had increased around 37% to $48,042.

California 47

California Sacramento Zoning Los Angeles 47

Buisness Facilities Contributed Content

APRIL 15, 2014

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.

Income 108

Income Finance Zoning Employment 108