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INCENTIVE DESCRIPTION
| State: | CA |
| Incentive Type: | Income/Franchise Tax Incentives and Credits |
| Incentive Title: | Investment Credits |
| Description: | MANUFACTURER'S INVESTMENT CREDIT Manufacturer's operating in California are eligible for a 6 percent credit. This credit is generally unlimited. The credit can be used to offset tax depending upon the purchase or lease of manufacturing and related equipment. This credit also includes certain capitalized "direct" labor costs. |
| Eligibility Requirements: | Businesses must be located in a MEA. Only two cities in California are Brawley and Calexico. Must be engaged in manufacturing. |
| Geographic Restrictions: | Located in a MEA |
| Granting Authority: | California Dept. of Housing & Community Development |
| The information which you have reviewed is a summary of the benefits and savings which may be available for your company. To receive a more detailed analysis of valuable opportunities for your company, please forward your contact information to Larry Kramer at lkramer@incentisgroup.com |
Impotant Legal Information Information is provided in summary form and should not be considered legal, investing, or other business advice. Its receipt does not create a relationship between Incentis Group and recipient. All information is believed to be accurate at the time of printing but should not be relied upon, and no decisions should be made, without consulting the full text of the applicable statutes and seeking independent counsel. Incentis Group and FastFacility make no representation as to the eligibility of a company or person to receive any incentives. |
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