Buisness Facilities Contributed Content

APRIL 15, 2014

Inventory is exempt from property tax. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones. 97% increase in personal property tax exemption.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

ENTERPRISE ZONE CREDIT: To stimulate growth in depressed areas of the state, Alabama offers certain tax credit incentives to business that locate or expand within a designated enterprise zone. ENTERPRISE ZONES: Businesses located within the boundaries of an EZ are eligible for tax credits. LAMBRA zones are a companion to EZs.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

JULY 10, 2013

Projects applying for the investment promotion generally need to meet these criteria: value added of at least 20 percent of sales revenue; a debt/equity ratio of less than 3 to 1; utilization of modern production processes and new machinery; and adequate environmental protection systems. Tenants are eligible for BOI incentives and privileges.

Industrial 68

Industrial Zoning Office Products 68