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Arkansas offers companies a strong transportation network with intersecting Interstates, rail access and water transportation. In Arkansas, you will find: 1,000 miles of navigable waterways. Four ports are located along the Arkansas River in Fort Smith, Little Rock, North Little Rock and Pine Bluff.
Indiana is a “Right to Work” state and, in recent years, has enacted constitutional property tax caps and reduced the state’s corporate income tax. ARKANSAS IS A NATURAL FOR FOOD PROCESSING BUSINESS. In Arkansas, leaders will find: 1,000 miles of navigable waterways. Arkansas has the tools that help businesses succeed.
Competitive wages and Arkansas’ right-to-work environment provide an excellent workforce environment for businesses. The Little Rock National Airport, less than three miles from downtown, is Arkansas’ largest commercial service airport, serving approximately 2.1 Union Pacific, ConAgra Foods, Peter Kiewit Sons, Inc.
Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25
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.
An airport of entry (AOE), usually designated with the word “international”, provides customs and immigration services for incoming flights. Dyersburg/Dyer County is the regional hub of a 10-county area, including parts of Tennessee, Missouri and Arkansas. 20-acre reinforced concrete lay-down yard.
Adjacent to the I-55/I-80 interchange and anchored by the BNSF Logistics Park Chicago and Union Pacific Joliet Intermodal Terminal, CIC is the ideal location for regional or multi-state distribution. The income tax credit earned may be used to offset 50 percent of the investor’s Arkansasincome tax liability in any one tax year.
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