Buisness Facilities Contributed Content

APRIL 12, 2013

The five states that were impacted by the Deepwater Horizon disaster (including 665 miles of contaminated coastline), Gulf Coast business owners, the federal government and BP have spent the past three years dancing a slow legal tango that has assessed clean-up costs, fines and other liabilities.

Mississippi 52

Mississippi Alabama Liability Louisiana 52

Buisness Facilities Contributed Content

MARCH 21, 2014

Limited liability companies, limited liability partnerships, Subchapter-S corporations and sole proprietorships no longer pay state income tax, allowing these businesses to invest more money, hire more workers and contribute even more to the state’s economic growth. railroad miles. percent of all U.S.

Kansas 45

Kansas Railroad Education Income 45

Buisness Facilities Contributed Content

APRIL 15, 2014

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75

Income Finance Zoning Equipment 75