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STATE FOCUS: Florida – Let The Sun Shine

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Southwest view of the Fort Lauderdale International Airport. Since taking office in 2011, Governor Scott has moved aggressively to cut business taxes and costs, pay down debt and streamline the regulatory environment. Chief Executive magazine now ranks Florida the #2 best state for business. By Dominique Cantelme.

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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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BUSINESS REPORT: Maryland — SSA’s New Data Hub Moves Forward In Urbana

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The property is part of the Urbana Corporate Center, a large campus that also is home to a 60,000-square-foot data center servicing Fannie Mae, a provider of housing loans to low-income Americans. The company filed for a Chapter 11 reorganization of its debts in U.S. MD HAS PLENTY. Milk is the official state beverage of Maryland.

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Oklahoma Incentives and Workforce Development Guide

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The updated Oklahoma incentives guide is brought to you by Real Street Expo , a new event sponsored by Business Facilities and Today’s Facility Manager magazines. Debt issued from the Economic Development Pool may be paid from withholdings taxes, and other revenue, at the for-profit entity benefitted by the financing.

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FEATURE STORY: Thailand — Nuanced Nation, One-Stop Shop

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The BOI offers corporate income tax holidays for up to eight years, import duty reductions or exemptions on machinery and raw materials, double deduction of public utility costs, and deductions for infrastructure construction and installation costs. Thailand also offers the second lowest corporate income tax rate, behind Singapore, in Asia.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year.