Buisness Facilities Contributed Content

FEBRUARY 28, 2013

Kansas passed a business income tax exemption which eliminates certain non-wage business income on lines 12, 17 and 18 of IRS Form 1040 for Partnerships, Limited Liability Corporations, Limited Liability Partnerships, Sole Proprietorships and Subchapter-S Corporations that have elected at the federal level to be taxed as a pass-through entity.

Kansas 49

Kansas Wichita Income Infrastructure 49

Buisness Facilities Contributed Content

APRIL 15, 2014

Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. 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.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

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. ALABAMA INFRASTRUCTURE GRANT PROGRAM: Funds are available for extension of water, sewer and road facilities.

Income 75

Income Finance Zoning Equipment 75

Buisness Facilities Contributed Content

MARCH 9, 2016

Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion. It can be used for job creation and/or product development.

South Carolina 40

South Carolina Income Liability Leases 40

Buisness Facilities Contributed Content

JULY 11, 2014

Overseen by the Coordinating Council for Economic Development, it is the Coordinating Council’s primary business development tool for assisting local governments with road, water/sewer infrastructure or site improvements related to business location or expansion.

South Carolina 40

South Carolina Income Liability Finance 40