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Those lawsuits primarily assert that the extraction, production, sale, and promotion of fossil fuels constitute a public nuisance and give rise to product liability under state common law and state consumer protection statutes; the plaintiffs are seeking relief largely in the form of compensatory and punitive damages. v, Connecticut , held.
If a business entity invests in a qualifying project that meets certain requirements and is approved by the Alabama Department of Revenue, and maintains minimum annual requirements, the company may receive an annual credit against its income tax liability generated from the qualifying project.
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. The credit is 20 percent of the actual costs limited to the employer’s income tax liability.
The expanded Canal will permit super-sized Post-Panamax container vessels to travel directly to the East and Gulf Coasts of the U.S. If the credit exceeds the tax liability, the remaining credit is refundable. Now—fingers crossed—the word from Panama is that the expanded Canal is “96 percent complete.” for the first time.
Connecticut-based Turbine Controls, Inc. In 2012, the Alliance visited 178 companies to assist with access to capital, workforce training opportunities, permitting issues and site location assistance. TCI) announced it is undertaking a $1.5-million million expansion in Miramar, creating 60 jobs.
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