Buisness Facilities Contributed Content

APRIL 15, 2014

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

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

JULY 11, 2014

Small Employer Quality Jobs Program: Provides incentive payments to a qualifying small employer. 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. Companies must pay at least 110% of average county wage for all new jobs.

Oklahoma 40

Oklahoma Finance Zoning Oklahoma City 40

Buisness Facilities Contributed Content

APRIL 12, 2016

Trainees must be guaranteed full-time employment upon successful completion of the training program. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. The income tax credit/credits issued under this program are equal to 33-1/3 percent of the amount invested by an investor in an eligible business.

Indiana 40

Indiana New York New Jersey Wisconsin 40