INCENTIVE DESCRIPTION

State:	GA
Incentive Type:	Training Grants and Credits
Incentive Title:	Training Credits
Description:	THE RETRAINING TAX CREDIT is one-half the employer's approved direct retraining cost up to $500 per employee. The credit is available to all business categories. The retraining Credit can be used against 50% of the taxpayer's income tax liability in a given year. The unused credits can be carried forward 10 years.
Eligibility Requirements:	Before a taxpayer applies for the credits, its retraining program must be approved by the Georgia Department of Technical & Adult Education. The retraining program must be for new equipment, a new technology, or a new operating system.
Geographic Restrictions:	Statewide
Granting Authority:	State of Georgia

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.