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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Eleven different Pennsylvania-based construction companies already have been subcontracted to do much of the work, and many more opportunities will be made available as the project goes forward. The income tax credit earned may be used to offset 50 percent of the investor’s Arkansas income tax liability in any one tax year.

Indiana 40
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State by State Incentives Guide

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Inventory is exempt from property tax. ARKANSAS – updated for 2014. Tourism Development Incentives: The Arkansas Tourism Development Act provides state sales and use tax credits and income tax credits to businesses initiating approved tourism attraction projects.

Income 108
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STATE INCENTIVES GUIDE

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Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The business must sign a job-creation agreement under the Advantage Arkansas program within 24 months of signing the Tax Back agreement.

Income 75