Log In / Register | May 16, 2012

42 Enterprise Zones in California that you will never have to pay State Income Taxes

Looking to buy a franchise?  In California there are 42 Enterprise Zones where employer's can reveive State Tax Credits for hiring a target group of employees.  Each qualified employee will generate over the course of 5 years $37,440.00 in State Tax Credits.  If you are buying or building in the right area then you to can take advantage of these programs. 

Benefits of the Enterprise Zone for California:

  1. NOL carry forward for 15 years.
  2. Hiring Credits
  3. Sale and Use Credits on qualified purchases
  4. Net Interest Deduction
  5. Expense dedution in the first year for property

Gregg Kasubuchi
213-382-1115 ext138
626-215-5279 cell