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State by State Incentives Guide

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ALABAMA - updated for 2014. Alabama Infrastructure Grant Program: Funds are available to public entities for extension of water, sewer and road facilities to service new or expanding industries. Businesses that request CAPCO investment funding must meet certain criteria and requirements set by the Alabama Development Office.

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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

Tennessee, Virginia and Alabama are the top-ranked states, respectively, in BF’s flagship Best Business Climate ranking. Tennessee is proud to be a right-to-work state with no personal income tax on wages. OPPORTUNITY ZONES ARE HERE. The authors of the Opportunity Zones section of the tax reform bill, Sen.

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FEATURE STORY: 2013 Economic Development Awards

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The city has created two Tax Increment Financing Districts with a third in process, to expand the municipal infrastructure to industrial and commercial zones. The city has adopted three NH Economic Revitalization Zones, offering corporate tax credits to qualifying businesses.

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STATE INCENTIVES GUIDE

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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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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Alabama Industrial Development Training (AIDT); Enterprise Florida. WyoRECs™ Renewable Energy Credit Discount Program. ACHIEVEMENT IN WORKFORCE TRAINING.

Indiana 108
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Feature Story: Shovel-Ready Sites – Fired Up, Ready To Go

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ALABAMA SITES ARE READY FOR JOB-CREATING GROWTH. million aviation technical school is nearing completion at the Fairhope Airport Industrial Park, designated at an Alabama AdvantageSite. It’s not just southern hospitality and charm that are driving economic growth in Alabama. Coupled with one of the lowest tax burdens in the U.S.,

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COVER STORY: Editors’ Location Picks

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The Port of Little Rock, on the Arkansas River is a designated Foreign Trade Zone and a United States Customs Point of Entry. This status allows goods to be stored and processed there without custom duties or bonds being paid until products are finished and sold, or moved out of zone. and Mutual of Omaha. defense contracts.

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