article thumbnail

STATE FOCUS: Kansas Focuses On The All-Around

Buisness Facilities Contributed Content

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

Kansas 45
article thumbnail

State Focus: Arkansas – Easy To Reach, Easy To Grow

Buisness Facilities Contributed Content

1,677 miles of Class 1 railroads. Major market centers in the region include: Memphis, Chicago, Atlanta, Dallas, Fort Worth, Houston, Kansas City, Oklahoma City, New Orleans and St. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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 tax for existing entities accrues as of Jan. The rates range from $.25

Income 108
article thumbnail

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
article thumbnail

Ports And FTZs: Enter With Less Risk

Business Facilities

An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. It is accessible to barge traffic year round with slack water access to the barge berthing area and rail access to the Canadian National Railroad. 20-acre reinforced concrete lay-down yard.

Risk 40
article thumbnail

LOCATION FOCUS: Texas: Big Heart, Country, Business

Buisness Facilities Contributed Content

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
article thumbnail

Industry Focus: Food Processing – The Process Of Consistency

Business Facilities

Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. 1,677 miles of class 1 railroads. Arkansas also has 22 smaller railroads operating over its more than 2,700 miles of track. effective buying income. 50 percent of the U.S.