Business Facilities

JULY 24, 2019

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. The reputation of Tennessee’s business climate and skilled workforce has attracted countless world-class businesses to our state. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

North Carolina 111

North Carolina San Antonio Louisiana Tennessee 111

Buisness Facilities Contributed Content

APRIL 15, 2014

Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The program is divided into two sections, Section 5 is a tax credit and Section 11 is an exemption.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

APRIL 12, 2016

The Jarretts also said they were able to grow their team (and office space) in Lincoln a lot faster and with a lot less capital than it would have taken in Northern California. The debt-free, state-of-the-art AnC Bio facility will take about 18 months to build. The income tax credit earned may be sold upon approval by AEDC. .

Indiana 40

Indiana New York New Jersey Wisconsin 40