Buisness Facilities Contributed Content

MARCH 21, 2014

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

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

FEBRUARY 28, 2013

The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area. Micron’s investment payback is estimated at less than two years, with approximately $120,000 ongoing annual savings in electricity. gigawatt hours of electricity a year.

California 47

California Sacramento Zoning Los Angeles 47

Buisness Facilities Contributed Content

MARCH 9, 2016

The credit can offset up to 100% of income or license tax liability and the credit may not exceed $500,000 in any one tax year. The credit can be used to offset up to 100% of income tax liability and any unused credits may be carried forward for 10 years. Unused credits can be carried forward up to five years.

South Carolina 40

South Carolina Income Liability Leases 40

Buisness Facilities Contributed Content

JULY 11, 2014

Renewable Energy Fund : Provides grants, loans and other financing options to renewable energy projects with the potential to make electricity in a cleaner, more sustainable manner, while stimulating job growth in the green technology and energy sectors of Rhode Island’s economy. Only qualified c-corporations are eligible.

Rhode Island 40

Rhode Island Income Insurance Finance 40

Buisness Facilities Contributed Content

MARCH 8, 2016

A certificate of eligibility must be obtained from the Energy, Minerals, and Natural Resources Department to apply for this credit. The credit may be applied against the taxpayer’s gross receipts tax liability or compensating tax liability. A variable rate of credit is added for electricity produced using solar energy.

New Mexico 40

New Mexico Compensation Income Railroad 40

Buisness Facilities Contributed Content

JULY 11, 2014

Qualified employers: Must have made more than 50% of its sales to persons outside New Mexico during the most recent 12 months of the employer’s modified combined tax liability reporting periods ending prior to claiming this credit. The credit shall not exceed $12,000 per year, per job. Are eligible for the Job Training Incentive Program.

New Mexico 40

New Mexico Compensation Income Finance 40

Buisness Facilities Contributed Content

JULY 11, 2014

Job Development Credit: South Carolina’s Enterprise Program is substantially different from the state’s other tax incentives because it does not reduce a particular tax liability; instead, it provides companies with funds to offset the cost of locating or expanding a business facility in this state. Tax Incentives.

South Carolina 40

South Carolina Income Liability Finance 40