Remove Defense Remove Liability Remove Pennsylvania Remove Railroad
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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
article thumbnail

LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

Buisness Facilities Contributed Content

Other states with large shale deposits—including Pennsylvania, Ohio and Louisiana—are moving full speed ahead with large-scale fracking operations. Aerojet, a major space and defense contractor also based in Folsom, has a corporate mandate for sustainability in all areas of its organization. gigawatt hours of electricity a year.