05/24/2022

California to Offer $75 Million in Latest Round of Business Tax Credits

The Governor’s Office of Business and Economic Development opened its application period on Monday for $75 million in California Competes tax credits. The deadline to submit applications is Jan. 25.

The $200 million state program provides incentives for businesses to create jobs in California. State officials judge applications on factors such as the number of jobs a company vows to create and how much it pays its employees.

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