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State Focus: Minnesota’s Formula For Success

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Thanks to a robust economy and strong workforce, Minnesota attracted more than 150 corporate expansion projects last year, many of them in the Twin Cities. Photo: Minnesota Department of Employment and Economic Development.). The state’s world-class mix of companies is one part of the Minnesota formula for success.

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State by State Incentives Guide

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Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone. The credit is 20% of the actual costs limited to the employer’s income tax liability. WORKFORCE DEVELOPMENT . The maximum grant is $1.5

Income 108
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STATE INCENTIVES GUIDE

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FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. EMPLOYER EDUCATION CREDIT: A tax credit is statutorily available to employers who provide approved basic skills education programs to Alabama resident employees.

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