Remove Equity Remove Income Remove Inventory Remove Railroad
article thumbnail

Virginia Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Rail Industrial Access Program: Helps connect businesses to freight rail service by funding the construction or improvement of railroad tracks and facilities to serve industrial or commercial sites where freight rail service is currently needed or anticipated in the future. TAX INCENTIVES. Worker Retraining Tax Credit.

article thumbnail

State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. In addition, the state has 22 smaller railroads operating over its more than 2,700 miles of track. In Arkansas, you will find: 1,000 miles of navigable waterways.

professionals

Sign Up for our Newsletter

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

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

Inventory is exempt from property tax. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The rates range from $.25 25 to $1.75

Income 108
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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