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Highlights include the largest industrial spec development lease in the last five years in Broward County. Taxpayers may apply 10 percent of the total credit amount per year over a ten-year period against their corporate business tax, insurance premiums tax or gross income tax liability. Achievement In Ports/FTZs. 68; Port of Mobile.
million in state and local performance-based grants (to assist IBM with facility lease costs, building operating costs; workforce recruitment, relocation and internal training costs; and payroll incentives). The design of the Philadelphia headquarters expansion will begin in this year, with groundbreaking expected in 2017.
It places extra emphasis on spurring development and private-sector job growth in new Garden State Growth Zones (GSGZ) identified in the legislation as the four lowest median family income cities in the state: Camden, Trenton, Passaic and Paterson. NJEDA approved a significant Grow NJ award of up to $39.5 headquarters.
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. Philadelphia, Cleveland, Toronto and Montreal. These arteries link the city with major markets along the east coast including Philadelphia, Wilmington, Baltimore, Washington D.C.
billion in corporate federal income taxes and $4.1 billion in state and local income taxes in 2014, a $1.5 Additionally, individual income taxes paid totaled $23.9 Atlantic County, NJ borders the Jersey Shore and is less than an hour drive to Philadelphia, two hours to New York City and three hours to Washington, DC.
percent tax rate for patent income). Flanders provides multiple purpose-built bio-incubators, located on research parks close to the five main universities, where more than 500,000 square feet is available for incoming life sciences ventures. (Belgium offers a tax system of 6.8 Tailor-made facilities are available.
That, along with a strong economy and zero personal state income tax, make it a great place to do business. The state’s central location, as a gateway between the American South and Midwest and with easy access to the Northeast and Atlantic Seaboard, is within a day’s drive of two-thirds of the nation’s population and household income.
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