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

Buisness Facilities Contributed Content

APRIL 12, 2016

The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. The expanded Canal will permit super-sized Post-Panamax container vessels to travel directly to the East and Gulf Coasts of the U.S. If the credit exceeds the tax liability, the remaining credit is refundable. for the first time.

Indiana 40

Indiana New York New Jersey Wisconsin 40