Remove 2017 Remove Income Remove Leases Remove Profitability
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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

Income 108
article thumbnail

North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Agriculture Partnership in Assisting Community Expansion (Ag PACE): This program has been established to buy down the interest rate on loans to farmers who are investing in other nontraditional agriculture activities to supplement farm income. The total buy down amount per borrower may not exceed $20,000 per project or biennium.

professionals

Sign Up for our Newsletter

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

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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
article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Statewide Economic Development Program (SWEDFA): The NMFA with the Economic Development Department (NMEDD) are partners in this lending program for private businesses and non-profit companies. Rural Jobs Tax Credit: This credit can be applied to taxes due on (state) gross receipts, corporate income or personal income tax.

article thumbnail

FEATURE STORY: 2014 Economic Development Awards

Buisness Facilities Contributed Content

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). million to relocate its headquarters from White Plains, NY to Elkhart, IN and expand its manufacturing operations in Goshen and Elkhart, creating up to 800 new jobs by 2017.

Indiana 108
article thumbnail

FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

Highlights include the largest industrial spec development lease in the last five years in Broward County. Operation Oswego County (OOC) is a private, non-profit organization that works to enhance, promote and protect the business and industrial climate of Oswego County. 1, 2017 and Dec. Population Between 50K-200K.

El Paso 106
article thumbnail

Cover Story: Global Biotech Report

Buisness Facilities Contributed Content

The organization is a not-for-profit partnership between the University of Manchester, Salford Royal NHS Foundation Trust and Salford Clinical Commissioning Group. percent tax rate for patent income). The company will lease a 28,000-square-foot office, lab and manufacturing space in Philadelphia.

Georgia 68