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Wyoming Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Loan terms are determined by the economic benefit to the state and the financial capacity of the business to service the debt. These bonds are issued within the State’s IRS allocation of tax-exempt bond financing. The business must provide a bank “letter of credit” to guarantee payment of the bonds.

Wyoming 40
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State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. 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.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75