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State by State Incentives Guide

Buisness Facilities Contributed Content

Private Activity Bond: Issued to finance construction and equipment purchases associated with industrial and manufacturing facilities, residential rental projects, facilities for the furnishing of water, sewage and solid waste facilities and more. The business must obtain a direct-pay sales and use tax permit from the State of Arkansas.

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. The business must obtain a direct-pay sales and use tax permit from the State of Arkansas. This credit cannot be carried forward or back, and cannot be used to generate a refund to the taxpayer.

Income 75