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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

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Feature Story: 2016 Economic Development Awards

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ACHIEVEMENT IN SITE CERTIFICATION. We have two winners for this year’s award for Achievement in Site Certification: Indiana Economic Development Corp. for the Indiana Shovel Ready Program and the Tennessee Valley Authority for TVA’s Data Center Site Certification Program.

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STATE INCENTIVES GUIDE

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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.

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FEATURE STORY: 2013 Economic Development Awards

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of employment in its biotech sector, anchored by its world-class research institutions, including the Mayo Clinic and the University of Minnesota. Taxpayers may apply 10 percent of the total credit amount per year over a ten-year period against their corporate business tax, insurance premiums tax or gross income tax liability.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The Work Ready Kentucky Scholarship covers tuition for Kentucky students enrolling in nearly 1,000 certificate and degree programs in five, high-demand sectors. ALUMINUM GOES WHITE-HOT IN KY.

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Industry Focus: Food Processing – The Process Of Consistency

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Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. Lawrence Seaway System, it is part of over 2,300 miles of water transportation from Duluth, Minnesota to the Atlantic Ocean. effective buying income. Lawrence Seaway. population.