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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.

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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
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Oklahoma Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Foreign Trade Zones: U.S. Customs Duty Management Program where manufacturers and distributors located in Foreign Trade Zones—since for Customs purposes, are considered to reside outside the U.S.—benefit Subzones may be established for single purpose manufacturing/fabricating and distribution operations.

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Texas Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Business Relocation Tax Deduction & Exemption: Effective January 1, 2014 House Bill 500 provides authorization for a company to deduct moving expenses from its apportioned margin while calculating its franchise liability. Companies must relocate their principle place of business from out of state into Texas to obtain the deduction.

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North Dakota Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

A credit allowed to a corporation included in a consolidated North Dakota income tax return may be used to reduce the aggregate tax liability of all corporations included in the return. A renaissance zone is a designated area within a city that is approved by the Department of Commerce Division of Community Services.

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COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. This status allows goods to be stored and processed there without custom duties or bonds being paid until products are finished and sold, or moved out of zone. and Mutual of Omaha.

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Can I Be Fined for Not Wearing PPE?

Work Gearz

Protective gloves can be fashioned out of leather, canvas, or metal mesh, as well as fabric, chemical- and liquid-resistant materials, and insulating rubber. But do not think that adding a clause will exempt you from liability if someone gets hurt during work. Wear PPE in all necessary zones to set an example.

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