Remove 2018 Remove Income Remove Leases Remove Retail
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

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
professionals

Sign Up for our Newsletter

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

article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax.

article thumbnail

Global Growth Surge in Southwest Louisiana

Business Facilities

Generally these sites are leased. The public will build to suit and issue bonds for buildings and lease them back to the business. The owners generally are open to the sale or lease of their property and some will consider build to suit options. Lastly, a runway resurfacing project is slated for the latter part of 2018.

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. Non-retail service companies that export a substantial% age of services out of state (50% or more revenues and/or customer base). The credit may be carried forward for up to 3 years. Apportionment.

article thumbnail

Advanced Manufacturing: Manufacturing Gets Smarter, Faster

Business Facilities

That, along with a strong economy and zero personal state income tax, make it a great place to do business. The plant began production of the all-new 2018 Camry in June. This position was created to help ease a housing shortage which will help expand the local workforce by making it easier to relocate incoming workforce.

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 lease, renovate and equip a 56,800 square-foot facility in Munster. Kentucky Cabinet for Economic Development , for the Kentucky New Energy Ventures (KNEV) Fund.

Indiana 108