Buisness Facilities Contributed Content

MARCH 9, 2016

These bonds are issued within the State’s IRS allocation of tax-exempt bond financing. Through this program, qualified businesses can obtain capital in the form of debt or equity financing. The business must provide a bank “letter of credit” to guarantee payment of the bonds.

Wyoming 40

Wyoming Finance Debt Equipment 40

Buisness Facilities Contributed Content

APRIL 15, 2014

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

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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

Income Finance Zoning Equipment 75