Remove Equipment Remove Leases Remove Liability Remove Railroad
article thumbnail

Tennessee Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The franchise tax applies to corporations, foreign or domestic, limited liability companies and limited partnerships doing business in Tennessee. Railroad rolling stock and barges used in interstate commerce or outside the state are also exempt. The percentage of liability offset is 50%.

article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Public Project Revolving Loan Fund (PPRF): The New Mexico Finance Authority¹s flagship program funds infrastructure and capital equipment projects with low-cost and low-interest rate loans. The credit amount is applied against the taxpayer’s state gross receipts, compensating and withholding liabilities until the credit is exhausted.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Advanced Energy Deduction & Advance Energy Tax Credit: Receipts from selling or leasing tangible personal property or services that are eligible generation plant costs to a person that holds an interest in a qualified generating facility are deductible from gross receipts and compensating tax. TAX INCENTIVES.

article thumbnail

COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

Buisness Facilities Contributed Content

It is known for its harvesting equipment, particularly its innovative corn harvesting “headers”, the attachments at the front of a combine. The program allows for reduced risk for the end users and allows for all parties to understand their liabilities as the project moves forward.”.

Site 49
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g.,

Income 108
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