Riverside Businesses: Free California Competes Tax Credit Workshop

Don’t leave money on the table! Let us help you save money and take your business to the next level.

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City of Riverside - Council Chambers
3900 Main Street
Riverside, CA 92522
United States

Did you know the state of California is offering over $200 million in tax credits this year to business owners willing to add just one job? This unprecedented program is free and available to businesses of all sizes, in any city in California. Since Governor Brown created the program in 2014, almost 700 California business owners have claimed $492.5 million in tax credits and plan on creating over 70,000 jobs. Last year alone, businesses were awarded roughly $220 million and over 30% of the businesses that applied were approved for tax credits anywhere between $20,000 and $10,000,000.

The 100% online application is easy to fill out. Join senior officials from the Governor’s Office of Business and Economic Development (GO-Biz) for a free one hour business development presentation in your area and get customized guidance on how to apply for this tax credit program. The next application period begins July 24, 2017.

The Board of Equalization will speak on the Manufacturers and Research & Development Partial Exemption which gives businesses a sales tax break on their equipment and machinery purchases. Hear who and what qualifies and the simplified paperwork for everything from repair parts to full manufacturing plants. You could take advantage of the savings upon leaving this presentation.

For more information on this event, please call the district office at (951) 369-6644.