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State by State Incentives Guide

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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. The rates range from $.25

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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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New Mexico Incentives and Workforce Development Guide

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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.

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New Mexico Incentives and Workforce Development Guide

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Rural Jobs Tax Credit: This credit can be applied to taxes due on (state) gross receipts, corporate income or personal income tax. For the purposes of apportioning income, “manufacturing” excludes construction, farming, power generation, and processing natural resources including hydrocarbons. Eligible Uses. Apportionment.

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Feature Story: 2016 Economic Development Awards

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focused on mobile, security and business operations software). You read that right—here are two examples, both recently reported by UtilityDIVE: Power industry hardware and software vendors are gearing up to offer cloud-based smart-grid technology solutions, generically known in the industry as Smart Grid as a Service (SGaaS).

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Cover Story: Global Biotech Report

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It develops innovative software that unlocks the value of healthcare data for the benefit of patients. The goal is to provide a software solution to the NHS and the commercial sector and manage data for over 700 million patient events. percent tax rate for patent income). BIOTECH THRIVES IN BERLIN.

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