Buisness Facilities Contributed Content

MARCH 9, 2016

Business Inventory: Finished goods inventory in excess $30 million may be excluded from the franchise tax base when held by manufacturers or warehouses and distribution facilities. Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5% Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5%

Tennessee 40

Tennessee Inventory Liability Infrastructure 40

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. railroad miles. Kansas is a right-to-work state, bringing one additional cost saving to employers.

Kansas 45

Kansas Railroad Education Income 45

Buisness Facilities Contributed Content

MARCH 9, 2016

Defense Production Zones: Virginia authorizes its communities to establish local defense production zones to benefit businesses engaged in the design, development or production of materials, components or equipment required to meet the needs of national defense. TAX INCENTIVES. Worker Retraining Tax Credit. Virginia Port Tax Credit Programs.

Virginia 40

Virginia Zoning Defense Railroad 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 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

Income Finance Zoning Employment 108

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

MAY 19, 2014

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.

Arkansas 47

Arkansas St. Louis Transportation Metro 47

Buisness Facilities Contributed Content

OCTOBER 19, 2012

no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. For companies requiring rail, Greenville can be accessed by virtually every major railroad line. Texas also has a well-earned reputation as the best state in the U.S. to do business.

Texas 45

Texas Fort Worth Dallas Airports 45