article thumbnail

STATE FOCUS: Kansas Focuses On The All-Around

Buisness Facilities Contributed Content

From the January/February 2014 issue. The state recognizes that small businesses are critical to the economy and recently eliminated income taxes for many small organizations. In addition, the state offers a payroll withholding tax retention program and sales tax exemptions and recently lowered personal income taxes.

Kansas 45
article thumbnail

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

Buisness Facilities Contributed Content

From the March/April 2014 issue. 1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. In addition, the state has 22 smaller railroads operating over its more than 2,700 miles of track. By Shana Daley.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Business Facilities

From the July/August 2014 issue. Projections show that even just a 15 percent increase in 2014 could generate an additional 1,725 jobs and infuse another $10 million into Illinois’ economy.”. The property is being prepared for occupancy sometime in September 2014 by FedEx Ground Services to accommodate its expanding operations.

article thumbnail

Ports And FTZs: Enter With Less Risk

Business Facilities

An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. According to the National Association of Foreign Trade Zones (NAFTZ), in 2014, goods exported directly from U.S. billion in 2014, accounting for 12.1 FTZs jumped 24.8 employment growth.

Risk 40
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

ALABAMA - updated for 2014. 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.

Income 108
article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

In addition, a taxpayer who holds an interest in a qualified generating facility in New Mexico that files a corporate income tax return may claim a credit for 6% of the eligible generation plant costs of a qualified facility. The corporate income tax credit is 30% of eligible costs up to $30,000 in any taxable year.

article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Rural Jobs Tax Credit: This credit can be applied to taxes due on (state) gross receipts, corporate income or personal income tax. Single Sales Factor: Beginning January 1, 2014, New Mexico will begin phasing in a single sales factor apportionment methodology for corporations whose principal business activity is manufacturing.