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State by State Incentives Guide

Buisness Facilities Contributed Content

The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CORPORATE BUSINESS TAX CREDITS: Financial institutions constructing new facilities and adding new employees can receive a credit of as much as 50 percent of the tax for up to 10 years; may be extended for an additional 5 years; based on size of the facility and level of employment.

Income 75