Local

SCVNews.com | SCVEDC Helps Businesses With CA Competes Tax Credits

SCVEDC logoSCVEDC logoThe Santa Clarita Valley Economic Development Corporation will host a live webinar on the 2022-23 California Competitive Tax Credits.

The CCTC is a state income tax credit that supports the growth of high-quality jobs in California, available to businesses that want to come, stay or grow in the state.

Through a two-stage process, businesses apply and compete for this credit during three application periods each fiscal year.

There are $85 million in tax credits and $120 million in grants available during this application period for businesses that expand and add quality, full-time jobs in California that could not otherwise be created by the business or any other business.

Companies can access online applications for the financial year 2022-23 website.

Businesses interested in applying can register to watch a live webinar that explains the application process.

An application guide, FAQs, program regulations and webinar recordings are available here.

The first webinar will take place on August 4, at 15-16

The second webinar will take place on August 9, from 11 am to 12 pm

(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.5&appId=422444344496490”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));

SCVNews.com | SCVEDC Helps Businesses With CA Competes Tax Credits
Source link SCVNews.com | SCVEDC Helps Businesses With CA Competes Tax Credits

Related Articles

Back to top button