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Investing In Opportunity Zones

Business Facilities

As part of the 2017 Tax Cuts and Jobs Act, Qualified Opportunity Zones across the U.S. provide a vehicle to reinvest capital gains for near- and long-term tax benefits.

Zoning 104
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Chicago-area joint venture antes up $1 billion for Opportunity Zone development investment

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The Tax Cuts and Jobs Act of 2017 created the designation “Opportunity Zone,” for which the Internal Revenue Service will allow tax advantages for certain investments in lower-income areas when an Opportunity Fund invests more than 90% of its assets in a zoned property.

Zoning 74
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State by State Incentives Guide

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Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. Enterprise Zone Credit or Exemption: The Alabama Enterprise Zone Act (Act. The program provides state and local tax incentives and non-tax incentives to businesses and industries located within Alabama’s Enterprise Zones.

Income 108
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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

4 in Best Business Climate, Texas—all have been perennial contenders for BF’s top honor, the State of the Year Award: Texas and Tennessee each have won the award three times since it was created in 2007; Virginia was the 2018 SOTY; Alabama won BF’s top award in 2017. “An OPPORTUNITY ZONES ARE HERE. Cory Booker of NJ and Sen.

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Innovation Is Thriving In Arizona

Business Facilities

From the July/August 2017 Issue. While the national average of per-capita income going to taxes is 9.9 In addition, Arizona’s taxes on property, gas and personal income remain low compared to the rest of the country. Zoned mixed-use/commercial. Strong workforce within a 45 minute commute zone.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. 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.

Income 75
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STATE FOCUS: Florida – Let The Sun Shine

Buisness Facilities Contributed Content

The state will cross the trillion dollar threshold for nominal GSP in 2017. Florida’s economy, as measured by GSP, will have grown tenfold in size from 1980 to 2017.”. Over the last two years, Florida has eliminated thousands of regulations on job creators and removed corporate income taxes for thousands of small businesses.

Florida 74