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State by State Incentives Guide

Buisness Facilities Contributed Content

This allows many companies to recover investments more quickly, significantly reducing personal property’s full cash value, and taxes owed, over five years. The business must obtain a direct-pay sales and use tax permit from the State of Arkansas. Additionally, the company must demonstrate that it can service the debt.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

The capital credit is used only after all other deductions, losses or credits permitted under Titles 40 and 41 of the Code of Alabama 1975. 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.

Income 75