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Tax Incentives Job Creation Economic Development

Holland & Knight LLP

Nuevos estímulos fiscales como parte del Plan México

Holland & Knight LLP on

Como parte de la estrategia nacional denominada "Plan México", el 27 de noviembre de 2024, la presidenta Claudia Sheinbaum presentó diversas acciones para promover inversiones, generar empleos y promover el desarrollo...more

Womble Bond Dickinson

South Carolina’s Major Economic Development Incentive Change

Womble Bond Dickinson on

On June 22, 2022, Henry McMaster, the Governor of South Carolina, signed South Carolina Bill 901 (the “Bill”) into law. The Bill amends the Enterprise Zone Act of 1995’s section on Job Development Credits (JDCs), one of South...more

Benesch

City of Columbus Announces New Policy for Tax Incentives

Benesch on

On January 29, 2018, Columbus Mayor Andrew Ginther and City Council announced a new policy for tax incentives that would significantly change the way in which tax abatements and other incentives are structured in certain...more

Foley & Lardner LLP

Michigan Adopts New Incentive Tool for Economic Development

Foley & Lardner LLP on

A new tax incentive program targeting large job providers passed the Michigan legislature last week with bi-partisan support, and is expected to be signed soon by Governor Rick Snyder, who strongly supported the legislation....more

Burr & Forman

South Carolina Economic Development Incentives: Job Development Credit

Burr & Forman on

South Carolina offers many statutory and discretionary incentives to promote capital investment and job creation in our state. The Job Development Credit (“JDC”) is a discretionary credit, applied through and approved by the...more

Alston & Bird

GASB Issues Final Rule on Financial Reporting of Tax Abatements

Alston & Bird on

On August 15, 2015, the Government Accounting Standards Board (GASB) issued Statement No. 77 (the “Tax Abatement Standard”) concerning financial reporting of tax abatements and other economic development incentives that...more

McDermott Will & Emery

New “Job Creation Project” EDIP Credits to Boost Tech Jobs in Massachusetts

McDermott Will & Emery on

In the battle for tech jobs, Massachusetts has added a significant new element to its arsenal of incentives in the form of “job creation project” Economic Development Incentive Program (EDIP) credits. EDIP is a tax incentive...more

Nexsen Pruet, PLLC

Comparison of Economic Development Incentives for South Carolina and North Carolina

Nexsen Pruet, PLLC on

In This Presentation: - Business Consideration – Electricity Rates - South Carolina vs. North Carolina - Corporate License Fees/ Franchise Taxes - Income Tax Rates (C Corps) - Income Tax...more

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