Buisness Facilities Contributed Content

MARCH 8, 2016

The department hosted Town Hall events throughout the state during the first week of June to gather public input toward development of guidelines and policies for FY16. . . The credit may be applied against the taxpayer’s gross receipts tax liability or compensating tax liability. TAX INCENTIVES.

New Mexico 40

New Mexico Compensation Income Railroad 40

Buisness Facilities Contributed Content

APRIL 15, 2014

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

Income Finance Zoning Employment 108

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