article thumbnail

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.

Income 108
article thumbnail

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
article thumbnail

Pulse: 07/23/2012

ENR Construction

Texas Alterra 500 South Ervay LLC, a limited liability company of Alterra International, is planning to redevelop the Butler Brothers building in Dallas. Montana 7/31 The U.S. The architect on the project is Merriman Associates Architects. -dia The project cost has been valued at $22.3 DR#08-00695684. Bid/Proposal Dates.

Alabama 28