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BUSINESS REPORT: New California Incentives Offer Credits For Job Creation

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We need to develop … a more flexible, a more contemporary, a more modern set of tools and approaches from Sacramento,” said Kish Rajan, director of Go-Biz, the Governor’s Office of Business and Economic Development. The San Diego Enterprise Zone, which ended Dec. The credit became available Jan.

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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After swallowing that gloomy news, Californians trudged to the polls in November and approved a referendum increasing their state income taxes by a whopping $6 billion a year. The region boasts one of California’s largest enterprise zones, offering incentives for companies to locate and expand within the greater Sacramento area.

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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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Industry Focus: Food Processing – The Process Of Consistency

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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. As a designated Foreign Trade Zone (FTZ), Oswego County is designed for the convenient and cost effective production of goods. Many food processing facilities require water for processing.