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Virginia Incentives and Workforce Development Guide

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The Commonwealth’s Opportunity Fund is a vital, proven deal-closing incentive that Virginia and its communities have successfully used for over two decades. Grants are awarded to localities on a local matching basis with the expectation that the grant will result in a favorable location decision for the Commonwealth. TAX INCENTIVES.

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State by State Incentives Guide

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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
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STATE INCENTIVES GUIDE

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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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STATE FOCUS: Lassoing Jobs In Texas

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This is exemplified by the Texas Enterprise Fund (TEF), the largest “deal-closing” fund of its kind in the nation. When Thomas Henry Ball convinced the Trinity and Brazos Railroad to run through Tomball in the early 1900s, little did he know what a significant economic impact that would have on the area. TOMBALL IS TRUE TO ITS ROOTS.

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