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Tennessee Incentives and Workforce Development Guide

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Business Inventory: Finished goods inventory in excess $30 million may be excluded from the franchise tax base when held by manufacturers or warehouses and distribution facilities. Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5% Corporate Income or Excise Tax: Tennessee levies an excise tax of 6.5%

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STATE FOCUS: Kansas Focuses On The All-Around

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The state recognizes that small businesses are critical to the economy and recently eliminated income taxes for many small organizations. Kansas also has no personal property tax, no inventory tax and no franchise tax. railroad miles. Kansas is a right-to-work state, bringing one additional cost saving to employers.

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Virginia Incentives and Workforce Development Guide

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Rail Industrial Access Program: Helps connect businesses to freight rail service by funding the construction or improvement of railroad tracks and facilities to serve industrial or commercial sites where freight rail service is currently needed or anticipated in the future. TAX INCENTIVES. Worker Retraining Tax Credit.

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State by State Incentives Guide

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Inventory is exempt from property tax. 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 rates range from $.25 25 to $1.75

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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.

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State Focus: Arkansas – Easy To Reach, Easy To Grow

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1,677 miles of Class 1 railroads. Arkansas’s railroad infrastructure includes three Class I systems: Union Pacific, BNSF Railway, and Kansas City Southern Railway. In addition, the state has 22 smaller railroads operating over its more than 2,700 miles of track. In Arkansas, you will find: 1,000 miles of navigable waterways.

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Location Focus: Illinois – Trying to Make Headway in Every Way

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Arlington Heights is a growing, thriving community just northwest of Chicago, home to 76,000 residents with an average household income of $95,000. A review of the available space inventory reveals that Wheeling’s industrial parks continue to experience strong demand from both existing and new businesses. Quinn said.