Constructlaw
JUNE 17, 2022
The court first articulated the principle underlying the Economic Loss Doctrine: “[C]ontracting parties should be held to the ‘terms of their bargain’ and should ‘confidently allocate risks and costs … without fear that unanticipated liability may arise in the future.” In Milan Supply Chain Sols. Navistar, Inc. ,
Buisness Facilities Contributed Content
FEBRUARY 23, 2016
The project represented a blockbuster in its own right for the Alabama economic development team, led by the Alabama Department of Commerce, the Tennessee Valley Authority and the Jackson County Economic Development Authority. Transmission lines are being upgraded to power the new center entirely with renewable energy.
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Buisness Facilities Contributed Content
FEBRUARY 23, 2016
The project represented a blockbuster in its own right for the Alabama economic development team, led by the Alabama Department of Commerce, the Tennessee Valley Authority and the Jackson County Economic Development Authority. Transmission lines are being upgraded to power the new center entirely with renewable energy.
Buisness Facilities Contributed Content
APRIL 15, 2014
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.
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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.
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