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Let’s compare this record to another industry claiming a revolution-in-progress. I grew up in one of those homes in Southern Indiana, built in the early 1930s—still standing and looking quite good, I might add. Subcontractors: The current industry structure of subcontracted work isn’t conducive to technology. How can this be?
The Seventh Circuit held that the language of the contract contained a pay-if-paid provision; that the surety could assert all of the defenses of its principal; and that this provision was not void under Indiana public policy. Additional transfer-of-risk language is not necessary.
State Credits available against the Corporate Income Tax: Education Credit (AS 43.20.014): Taxpayers that contribute to vocational education programs or accredited Alaska universities or colleges for educational purposes or facilities may claim a tax credit for 50% of the first $100,000, 100% of the next $200,000, and 50% of further contributions.
The program is capped at 10,000 new jobs being claimed each year by all participants; whereas a taxpayer is limited to a maximum of 400 new jobs per year. The credit provided to the investor totals 39 percent of the cost of the investment and is claimed over a seven-year period. time permanent jobs paying above average wages.
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