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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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State by State Incentives Guide

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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
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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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FEATURE STORY: 2013 Economic Development Awards

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There also were 23 other company relocations and expansions throughout Broward County in 2012, resulting in 1,669 new jobs, 1,689 retained jobs and more than $88 million in new capital investment. Highlights include the largest industrial spec development lease in the last five years in Broward County.

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Cover Story: New Energy Powers Growth

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These three new projects amount to over $1.25 The Solar Market Development Tax Credit, established in 2006, created an income tax credit for homeowners, businesses and agricultural entities that install solar PV or solar heating systems. Glauco Pensini, CEO of SIEL’s new U.S. billion in project investment.

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

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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. Environmental concerns about the potential for ground-water contamination from fracking have kept California and New York on the sidelines.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

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Dassault Falcon Jet, the region’s top manufacturing employer and the French company’s largest facility in the world, renewed its lease at the Bill and Hillary Clinton National Airport through 2040. The median per capita income for the MSA is $41,662 as compared to $45,875 for Pulaski County, $43,735 for the U.S.