Buisness Facilities Contributed Content

MARCH 9, 2016

The following types of public activities are eligible: water systems, wastewater systems, fiber delivery projects, transportation projects, site improvement, or other specific public infrastructure improvements required to support economic growth. Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5% TAX INCENTIVES.

Tennessee 40

Tennessee Inventory Liability Infrastructure 40

Buisness Facilities Contributed Content

MARCH 9, 2016

Commercial Patent Incentives Credit: The Commercial Patent Incentives Tax Credit can offset up to 100% of the corporation net income tax, or in the case of individual taxpayers, the personal income tax. The exemption does not apply to inventories of raw materials or goods in process.

West Virginia 40

West Virginia Virginia Income Finance 40

Buisness Facilities Contributed Content

APRIL 15, 2014

Inventory is exempt from property tax. Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The credit is available to all types of business entities, including: S corporations, C corporations, limited liability companies (LLCs), partnerships, trust and sole proprietorships.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

The state recognizes that small businesses are critical to the economy and recently eliminated income taxes for many small organizations. Kansas also has no personal property tax, no inventory tax and no franchise tax. Aggressive local incentives, based on the quality of jobs, and state incentives, including income tax credits.

Kansas 45

Kansas Railroad Education Income 45

Buisness Facilities Contributed Content

MARCH 21, 2014

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

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

MARCH 9, 2016

Economic Development Access Program: Administered by the Virginia Department of Transportation, it assists localities in providing adequate road access to new and expanding basic employers. Companies deemed ancillary to or in support of the aforementioned categories would also apply. TAX INCENTIVES. Worker Retraining Tax Credit.

Virginia 40

Virginia Zoning Defense Railroad 40

Buisness Facilities Contributed Content

MARCH 8, 2016

Loans may be used for, but not limited to: upgrading display lighting, advertising and promotion, payroll for additional staff and training, purchase of computers to enhance inventory control, and the purchase of display cabinets, furniture and fixtures. Fixed asset loans of up to $20,000 for terms not to exceed seven years. TAX INCENTIVES.

New York 40

New York Finance Products Commercial 40