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SNAPSHOTS: 60 Seconds…with Lt. Gov. Kim Guadagno, State of New Jersey

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BF: Amazon has announced it will build a $200-million fulfillment center in Robbinsville, the first phase of a major investment in NJ. Once the three phases of the project are completed, CommVault may create a total of up to 1,500 new jobs in NJ. BF: What are the most important steps NJ is taking to improve its business climate?

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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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FEATURE STORY: 2014 Economic Development Awards

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Businesses will be able to locate in these zones and operate 100 percent tax-free for 10 years (no income, business, sales or property taxes and no franchise fees). Choose New Jersey/NJ Economic Development Authority for Grow NJ (the Grow New Jersey Assistance Program). WyoRECs™ Renewable Energy Credit Discount Program.

Indiana 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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2012 Business Facilities Rankings Report

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billion in Federal individual income taxes, and $1.9 billion in state individual income taxes. California, NJ, PA Are Biotech Behemoths. New Jersey recently increased its research and development tax credit program from 50 percent to 100 percent, providing technology companies additional yield on their investments in NJ.

Iowa 69
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Feature Story: 2016 Economic Development Awards

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million investment in Edison VIII, an offering of the VC firm Edison Partners, founded in 1986 and currently based in Princeton, NJ. NJEDA says that by investing more than $40 million in venture capital funds it has been able to leverage its investment in NJ businesses to more than 62 times that amount—about $2.5 for the first time.

Indiana 40
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COVER STORY: Global Biotech Report

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To support intellectual property rights, Luxembourg offers an 80 percent tax exemption to income from patents, trademarks, design, models and software copyrights or domain names. Fast Track permitting assistance. Capital gains generated on intellectual property will be exempt up to 80 percent. No business personal property tax.

Florida 63