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New Mexico Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

The key characteristics of the PPRF is that all participating borrowers, regardless of their creditworthiness, receive ŒAAA¹ insured interest rates; among the lowest interest rates available in the market. The credit may be applied against the taxpayer’s gross receipts tax liability or compensating tax liability. Eligible Uses.

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State by State Incentives Guide

Buisness Facilities Contributed Content

If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project. The minimum tax is $100.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.

Income 75