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Innovation Is Thriving In Arizona

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From the July/August 2017 Issue. While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. After leasing the U.S. By the BF Staff. percent, here the number is only 8.4

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Global Growth Surge in Southwest Louisiana

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From the July/August 2017 Issue. The southwest side of Louisiana is in a strategic location with access to ports, airports, rail, the Intercoastal Canal, and America’s premier pipeline that helps to deliver industrial products across the country,” he said. The public sites include: The two (2) ports and the municipal airport.

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FEATURE STORY: 2013 Economic Development Deal of the Year Awards

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million-square-foot building located on 83 acres near Phoenix-Mesa Gateway Airport. million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). manufacturing.”

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Industry Focus: Aerospace Sector Is Flying High Again

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billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 AvEx, a world leader in the niche market of aviation exterior painting, has been located at Acadiana Regional Airport (ARA) in New Iberia for over 25 years.

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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. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. 25 to $1.75

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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From the September/October 2017 Issue. Here’s a peek at what’s driving change in 2017: The factory of the future: Tesla’s “Gigafactory,” may represent not just what future factories look like, but how companies approach their entire manufacturing process. The program boasts 225 member companies and 650 students enrolled for fall 2017.

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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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