California Competes Tax Credit Application Deadline Approaching Soon

Posted: December 1, 2016 | News

The California Competes Tax Credit is an income tax credit available to businesses who want to come, stay, or grow in California. Tax credit agreements are negotiated by GO-Biz and approved by a statutorily created “California Competes Tax Credit Committee,” consisting of the State Treasurer, the Director of the Department of Finance, the Director of GO-Biz, and one appointee each by the Speaker of the Assembly and Senate Committee on Rules.

The current filing deadline is January 2, 2017, through January 23, 2017 with an estimated $100 million available.