Opportunities & Incentives:

California Competes Tax Credit

The California Competes Tax Credit is an initiative by the state of California to bolster businesses looking to expand or relocate within the state’s borders. Madera County businesses can leverage this tax credit to achieve significant savings, enabling reinvestment into their operations, workforce, and future growth.

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Who Does the California Competes Tax Credit Help?

This tax credit is particularly advantageous for businesses that are poised for expansion and demonstrate the potential for economic impact in Madera County, such as job creation or large capital investments. The credit is negotiated and awarded by the Governor’s Office of Business and Economic Development (GO-Biz), and it offers a valuable incentive for businesses to commit to growth in Madera County.

By taking advantage of the California Competes Tax Credit, businesses can optimize their tax liability, enhance their competitive edge, and contribute to the economic vitality of Madera County. It’s not just a credit; it’s an investment in the future of your business and the community at large.

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