Remove Commercial Remove Income Remove Leases Remove Railroad
article thumbnail

Tennessee Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5% Apportionment – In allocating the net worth or income of a multistate corporation, the state uses a three-factor formula, comparing the sales, payroll, and property in the state to the overall corporation. Property Tax: The state levies no property tax.

article thumbnail

State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. In addition, the state has 22 smaller railroads operating over its more than 2,700 miles of track. In Arkansas, you will find: 1,000 miles of navigable waterways.

professionals

Sign Up for our Newsletter

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

article thumbnail

Ports And FTZs: Enter With Less Risk

Business Facilities

An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. Dyersburg/Dyer County has Dyersburg Municipal Airport, a general aviation airport, which can accommodate corporate and some commercial jets on its 5,700-foot long runway. West Calcasieu Port.

Risk 40
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. Alabama Economic Development Loan Program: The state has more than 2,300 commercial lending sources with assets of over $61.3 The tax for existing entities accrues as of Jan. 25 to $1.75

Income 108
article thumbnail

Global Growth Surge in Southwest Louisiana

Business Facilities

There are 2-Class I railroads, Burlington Northern Santa Fe (BNSF) and the Union Pacific (UP) that serve the parish and a short line that accesses the major industrial areas. There is a four-lane interstate quality highway US 90 (future I-49) that parallels the railroads. Generally these sites are leased.

article thumbnail

Location Focus: Illinois – Trying to Make Headway in Every Way

Business Facilities

Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. DuPage County has kept up with times and transformed its economy to embrace the new wave of commercial markets, including technology, manufacturing and retail. Quinn said.

article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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.

Income 75