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Location Focus: New York – The Empire State Leverages Its Strengths

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Business will be able to locate in these special university economic zones and operate 100 percent tax-free for 10 years, with no income tax, business or corporate state and local taxes, no sales tax, no property tax, no franchise fees, and in many cases, no income tax for employees. Kennedy Airport.

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Industry Focus: Aerospace Sector Is Flying High Again

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billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 AvEx, a world leader in the niche market of aviation exterior painting, has been located at Acadiana Regional Airport (ARA) in New Iberia for over 25 years.

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FEATURE STORY: 2013 Economic Development Awards

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The largest project in the community’s history, the West Haymarket redevelopment project, was sup- ported financially by the Partnership through the passage of a bond issue that will construct a new 16,000-seat arena. This credit is effective for ethane purchased between Jan. 1, 2017 and Dec.

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Cover Story: New Energy Powers Growth

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Construction of wind turbines set a record in 4Q 2013 with 10,900 megawatts of capacity being added; nationwide, nearly 50,000 turbines have been installed. In addition to creating 1,253 direct jobs, the project is expected to result in an additional 5,886 new indirect jobs and 7,000 construction jobs. Wind power in the U.S.

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State by State Incentives Guide

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Alabama Industrial Access Road & Bridge Program: Provides financial assistance to communities for industrial access to new and expanding industries. It allows for the construction of roads, bridges, etc. architectural and engineering, interest incurred during construction, etc.). The rates range from $.25 25 to $1.75

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The company plans to construct its 2.5 Braidy Industries also is expected to create 1,000 construction jobs and spearhead an economic recovery in Eastern Kentucky. ALUMINUM GOES WHITE-HOT IN KY.

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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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