article thumbnail

BUSINESS REPORT: Virginia’s High-Tech Economy Keeps Growing

Buisness Facilities Contributed Content

It is a right-to-work state, has a fixed 6 percent corporate income tax rate and has one of the lowest average workers’ compensation costs and unemployment burdens in the U.S., Virginia is birthplace of the Internet and one of the leading centers of software development. And as one of four U.S.

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: .

professionals

Sign Up for our Newsletter

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

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. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted. Any excess credit will be refunded to the taxpayer. Eligible Uses.

article thumbnail

Seven Projects Land Deal of the Year Honorable Mentions

Buisness Facilities Contributed Content

The new positions will include executive, administrative, network IT, software developers, analysts, cyber security and application developers; the average salary will be $110,000 plus benefits. NC’s Department of Transportation and rail owner NC Railroad Company were brought in to evaluate the situation and propose a solution.

Deals 40
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Funds may be provided for the construction and/or improvement of water lines & wastewater facilities, sewer lines, sewage treatment facilities, roadways, natural gas-line services, electric power services, railroad spurs, lighting, sidewalks and alternative power sources such as solar. Railroad Spurs. Natural Gas-Line Services.

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

This includes property such as microscopes, chemical reagents, and software. Participating companies are compensated by being able to reduce their federal income tax liability with a tax credit between $1,200 and $9,000 per qualified employee, depending on the target group. See www.doleta.gov/business/incentives/opptax/.

Income 75
article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

00 45 26 Workers Compensation Certificate Schedule. 01 61 13 Software Licensing Requirements. 03 31 19 Shrinkage-Compensating Structural Concrete. 25 15 00 Integrated Automation Software. 25 15 13 Integrated Automation Software for Network Gateways. 25 15 19 Integrated Automation Software for Local Control Units.