Remove Certification Remove Compensation Remove Liability Remove Retail
article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. Qualified employees: .

article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The credit can be applied to the state portion of the gross receipts tax, compensating tax and withholding tax. Non-retail service companies that export a substantial% age of services out of state (50% or more revenues and/or customer base). Any excess credit will be refunded to the taxpayer. Certain green industries. Eligible Uses.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CCIP & OCIP: A Guide to Controlled Insurance Programs in Construction

Levelset

A Controlled Insurance Program (CIP), also called wrap-up or wrap insurance, is an insurance package designed to cover all liability and losses during an entire construction project, or across multiple projects. Instead, they are issued a certificate to show that they have been enrolled in an OCIP/CCIP project. CCIP vs. OCIP insurance.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.

Income 108
article thumbnail

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
article thumbnail

Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

No more than 10% of the net leasable space may be used for retail purposes, and no state local government matching payment shall be made for project costs in support of any gambling establishment; . The certificates of deposit bear interest rates of up to 3% below the standard rate. Small Business Linked Deposit Program (62 O.S.