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State by State Incentives Guide

Buisness Facilities Contributed Content

A business that applies for the exemption must enter into an agreement with the Governor of Alabama. The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. The minimum tax is $100. 4% general rate for all other items.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement.

Income 75