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Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

Yes, we know that Detroit became the largest city in history to file for bankruptcy protection, a process the city is expected to emerge from this year. Gilbert is aggressively moving forward with a daring plan to revive two square miles of property with a variety of commercial enterprises, including hotels, casinos and retail stores.

Metro 111
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Companies must be less than 5-years old; have an annual payroll between $100,000 and $1 million; show proof of an equity investment of at least $250,000; pay at least 150 percent of the lesser of the state or county average hourly wage where the business is located; and meet requisite payroll thresholds. Employees must be Arkansas taxpayers.

Income 75
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State by State Incentives Guide

Buisness Facilities Contributed Content

The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. The income tax credits may be used to offset 50% of the Arkansas income tax liability in the tax year the credit is earned. The benefit depends on the tier of the county in which the company locates. TAX INCENTIVES.

Income 108