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Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

home and bring 200 high-quality jobs to Middle Tennessee,” Lee said, when Mitsubishi Motors North America officials announced the automaker will relocate its headquarters to Franklin, TN from Cypress, CA. Tennessee is proud to be a right-to-work state with no personal income tax on wages.

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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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COVER STORY: Editors’ Location Picks

Buisness Facilities Contributed Content

3 Rivers Connect is a nonprofit agency that helps individuals, educators and community leaders use information and technology to make the best possible decisions about the allocation of resources and delivery of services. defense contracts. million in new corporate profits tax and local income taxes will be generated by Medpace, Inc.

Omaha 76
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COVER STORY: 2012 Economic Development Deal of the Year Awards

Buisness Facilities Contributed Content

Key factors in this evaluation include creative use of incentives, regional cooperation, partnerships with higher education resources, potential for growth and execution of overall economic development strategy. Personal income impact estimated at $273 million (direct). Project Impact Estimates. billion for the state over 10 years.

Deals 85