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I f the first things that come to mind when you think about Oklahoma are oil rigs, Sooner football and endless revivals of a beloved Broadway musical, it’s time to think again. billion in Oklahoma over the next three years. By Jack Rogers From the May/June 2016 Issue. Fallin has a plan that works, and the results to prove it.
For a list of Oklahoma economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. 3911): This incentive was created to attract growth industries and sectors to Oklahoma in the 21st Century. For more information, contact the Oklahoma Department of Commerce.
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.
Major market centers in the region include: Memphis, Chicago, Atlanta, Dallas, Fort Worth, Houston, Kansas City, Oklahoma City, New Orleans and St. The Arkansas Economic Development Commission (AEDC), working with other state agencies, offers a Career Readiness Certificate to potential employees. population.
Tennessee is proud to be a right-to-work state with no personal income tax on wages. Since last year, Cypress Creek Renewables has asked the North Carolina Utilities Commission for solar farm certificates to facilitate 15 projects worth more than $1.8 Iowa, Oklahoma, California and Kansas fill out the top five, respectively.
Qualifying businesses are eligible to receive an accelerated, 10-year state income tax depreciation deduction, a sales tax exemption for equipment and materials purchased from the date of the project’s certification until three months after the facility is completed, and a 10-year ad valorem tax exemption.
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. effective buying income. To support industry, the state has focused on a business-friendly tax structure and regulatory policies. 50 percent of the U.S. population. 55 percent of all U.S.
That, along with a strong economy and zero personal state income tax, make it a great place to do business. The Work Ready Kentucky Scholarship covers tuition for Kentucky students enrolling in nearly 1,000 certificate and degree programs in five, high-demand sectors. ALUMINUM GOES WHITE-HOT IN KY.
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