Remove Bankruptcy Remove Income Remove Utah
article thumbnail

California is Rolling in Dough

Buisness Facilities Contributed Content

In the midst of the Recession, nearly two-thirds of the 50 states were teetering on the edge of bankruptcy. Today, the picture is much brighter: besides California, at least seven other states (including Connecticut, Utah, Wisconsin and oil-rich North Dakota) are reporting surpluses. In Indiana, Gov. Far West U.S. Great Lakes U.S. -

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

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 108
article thumbnail

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