Blog

GoBiz announces upcoming CalCompetes Tax Credits

Written by Holly Schroeder | Jul 10, 2015 7:00:00 AM

The Governor's office of Business and Economic Development (GO-Biz) has announced the 2015-2016 application periods for the California Competes Tax Credit.

The California Competes Tax Credit is an income tax credit available to businesses that want to locate in California or stay & grow in California.

Upcoming Application Periods:

  • July 20,2015 - August 17, 2015 - $75M available
  • January 4, 2016 - January 25, 2016 - $75M available
  • March 7 2016 - March 28, 2016 - $50.9M available (plus any carryover)

Applications are evaluated on a variety of factors, including the number of jobs, compensation paid to employees, economic impacts.

Learn more at www.calcompetes.ca.gov

GO-Biz will hold a number of workshops on the CalCompetes Tax Credit, including:

Thursday July 23, 2015 - Santa Paula, CA

Monday July 27, 2015 - Vernon, CA

Tuesday July 28, 2015 - Camarillo, CA

Tuesday July 28, 2015 - Lancaster, CA

Wednesday July 29, 2015 - Torrance, CA

Friday August 7, 2015 - Bakersfield, CA

Monday August 10, 2015 - Online Webinar

 

 SCV Companies considering applying for the credit can get assistance with their application from SCVEDC.