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State by State Incentives Guide

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Industrial Revenue Bonds: May be used as long-term financing of up to 100% of a project for: Acquisition of land, buildings, site preparation and improvements; Construction of buildings; Acquisition and installation of furnishings, fixtures and equipment; Capitalizable soft costs (e.g., The tax for existing entities accrues as of Jan.

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STATE INCENTIVES GUIDE

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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.

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Ports And FTZs: Enter With Less Risk

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An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. As the region’s conduit to travel, BNA often serves as the first and last impression of Nashville for travelers. million travelers, a nearly 10 percent increase over the previous year.

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Industry Focus: Global Aerospace Production Soars To New Heights

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Overall, global passenger travel also continues to increase, with most of the growth recorded in the Middle East and the Asia Pacific region. With 19 commercial airports, Florida airports are some of the most frequented travel destinations in the U.S. Cost of doing business is 15 percent lower than the national average.

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Advanced Manufacturing: Manufacturing Gets Smarter, Faster

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That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.

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Industry Focus: Aerospace Sector Is Flying High Again

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The top states, in descending order, are: California, Washington, Texas, Florida, Arizona, Connecticut and Kansas. 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 Acadiana is home to PHI, Inc.,

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LOCATION FOCUS: Texas: Big Heart, Country, Business

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no personal income tax), business-driven tort reform, a variety of incentives and an overall low cost of doing business. Over 80,000 vehicles travel through this intersection every day, making Waxahachie an ideal location for a variety of business and industry. Texas also has a well-earned reputation as the best state in the U.S.

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