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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee is proud to be a right-to-work state with no personal income tax on wages. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. OPPORTUNITY ZONES ARE HERE. The authors of the Opportunity Zones section of the tax reform bill, Sen.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The allocation to each Public University which makes application shall be based on each Public University’s federally financed research and development expenditures as reported by the National Science Foundation. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The Research Program.

Income 108
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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
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Automotive Industry Focus: Hitting On All Cylinders

Buisness Facilities Contributed Content

MADE IN MISSISSIPPI MEANS QUALITY. Prior to Nissan’s opening, no automobile had been produced in Mississippi. Also in 2015, the plant celebrated production of its 3 millionth vehicle, another exciting milestone for the plant, its workforce and the entire state of Mississippi.

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FEATURE STORY: 2013 Economic Development Awards

Buisness Facilities Contributed Content

The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The city has adopted three NH Economic Revitalization Zones, offering corporate tax credits to qualifying businesses.

El Paso 106
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Industry Focus: Aerospace Sector Is Flying High Again

Buisness Facilities Contributed Content

billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 Tax Foundation. The airport is also designated as a foreign trade zone, zoned industrial and owned by the public therefore not subject to property taxes.

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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Led by the Research Foundation of the State University of New York (RF SUNY), the photonics institute involves a consortium of 124 partners, including 55 companies, across 20 states. Mississippi Development Authority for the Mississippi Data Center Incentives Program. The institute is funded in part by $110 million from the U.S.

Indiana 40