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.
Buisness Facilities Contributed Content
APRIL 5, 2016
The PACE solution also includes consumer protection, business automation software, workforce training and ongoing access to private capital. Jobs created by the program are primarily for contractor services in the clean-energy economy in communities throughout the state and tend to be long-term, family-wage earning positions.
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