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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

home and bring 200 high-quality jobs to Middle Tennessee,” Lee said, when Mitsubishi Motors North America officials announced the automaker will relocate its headquarters to Franklin, TN from Cypress, CA. Tennessee is proud to be a right-to-work state with no personal income tax on wages. CA STILL THE SOLAR KING, NC NO.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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

Buisness Facilities Contributed Content

Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. 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.