Buisness Facilities Contributed Content

DECEMBER 3, 2013

Manufacturing companies can qualify for significant tax exemptions, including state sales and use tax exemptions available to taxpayers who manufacture, fabricate or process tangible property for sale. A “hub” for retail, health care, education and more, Lubbock is widely known as the “Hub City.” Refunds can range from $25,000 to $3.75

Texas 49

Texas Education Airports Zoning 49

Buisness Facilities Contributed Content

APRIL 15, 2014

Property Tax Abatements: The Tax Incentive Reform Act of 1992 (TIRA) allows qualified industries to receive abatements of non-educational property taxes for new businesses locating to Alabama and for expansions of existing facilities in Alabama. The combined state and local millage rate would then be applied to the assessed value.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

BROWNFIELD DEVELOPMENT TAX ABATEMENTS: Gives cities and counties the ability to abate the following: Non-educational city and county sales & use taxes; Non-educational state, city and county property taxes—up to 20 years; Mortgage and recording taxes. Three of the nation’s 40 Renewal Community areas are in Alabama.

Income 75

Income Finance Zoning Equipment 75