The Governor's Office of Business and Economic Development (GO-Biz) is hosting a workshop on the California Competes Tax Credit. Small, medium, and large businesses are encouraged to attend the workshop and receive instructions on how to apply for this tax credit program.
To RSVP for the workshop, click here.
What is the Credit?
The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to locate in California or stay and grow in California.
Who Can Apply?
Any business can apply for the CCTC and there are no geographic or sector-specific restrictions that impact eligibility. In addition, twenty-five percent of the total credits available each fiscal year are specifically reserved for small businesses.
Mark Your Calendars!
The next application period begins January 2, 2017 and closes January 23, 2017. Go to calcompetes.ca.gov to apply.
For more information about the CCTC, click here.