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BUSINESS REPORT: New California Incentives Offer Credits For Job Creation

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That’s exactly what California aims to do with a trio of tax incentive programs that begins in 2014, he said. California is considered by critics as one of the hardest states in which to grow a business, given its high individual and corporate income tax rates, high sales tax, and conflicting regulations.

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Maryland Bans Polystyrene and Enacts 31 other New Environmental Laws

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Maryland has been described as having more pages of environmental statutes and regulations on a per capita basis than any other state. The Maryland Department of the Environment (MDE) may adopt regulations to implement the bills. The Governor has until May 28, the 30th day after presentment to sign or veto bills.

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Ports And FTZs: Enter With Less Risk

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It is here that Customs and Border Protection (CBP) enforces the import and export laws and regulations of the U.S. An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. billion in 2014, accounting for 12.1 made products overseas for export.

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Industry Focus: Global Aerospace Production Soars To New Heights

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From the July/August 2014 issue. According to Deloitte’s 2014 Global Aerospace and Defense Outlook , the commercial aerospace sector is expected to experience significant growth this year, driven by continued record-setting production levels at assembly facilities and throughout the aerospace supplier network. By Shana Daley.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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From the January/February 2014 issue. Jan Brewer, with providing expertise on state policies and regulations that proved pivotal to Apple’s decision. The KOZ incentive program provides tax abatements for county and township property taxes, corporate net income taxes, and school taxes for a period of 10 years.

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State by State Incentives Guide

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ALABAMA - updated for 2014. To receive an abatement for property taxes, a project must meet certain qualifications and follow certain procedures, as determined by law and regulation. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995.

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STATE FOCUS: Florida – Let The Sun Shine

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percent in 2014, 2.8 Rick Scott signed a bill into law that will eliminate sales tax on the purchase of manufacturing equipment starting April 30, 2014. percent in 2014 and 4.1 A newly signed law will create a sales tax exemption for manufacturers purchasing machinery and equipment beginning in April 2014.

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