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Tennessee Incentives and Workforce Development Guide

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For a list of Tennessee economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5% The state of Tennessee does not have a throwback provision. FINANCING & GRANTS.

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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. It provides nonstop air service to more than 50 destinations and connects Middle Tennessee to the rest of the country, and beyond. DYERSBURG/DYER COUNTY: A REGIONAL HUB IN TENNESSEE.

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State by State Incentives Guide

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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

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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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SELECTING TENNESSEE MADE EASY. In January, Business Facilities named Tennessee as our 2013 State of the Year , primarily due to its aggressive execution of a diversified growth strategy and robust job creation. 1 location in the Southeast for high quality jobs,” said Tennessee Governor Bill Haslam in a press release.

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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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