| In the United States current gloomy economy, | | | | corporate tax credits ranging from $2,400 to $8,400 |
| companies are looking at a variety of ways to | | | | per employee, they offer California businesses a great |
| improve their bottom lines. If you own a business in | | | | savings on their taxes because they are having a |
| California, you will be happy to discover that there are | | | | beneficial impact on their local communities by providing |
| a variety of California tax incentives for which your | | | | jobs to under served groups of people. |
| company may be eligible. | | | | Another way that California businesses located within |
| At the state level, California offers California tax credit | | | | an enterprise zone can get some much needed |
| if your company is doing business inside any of the | | | | California tax credit is when they purchase certain |
| forty-two California enterprise zones that are located | | | | types of company assets. If you buy manufacturing or |
| statewide. You can earn corporate tax credits based | | | | processing equipment, equipment used for research |
| on the employees that your company hires,as well as | | | | and development, as well as energy conservation |
| corporate tax incentives when you purchase business | | | | equipment or water or air pollution equipment, your |
| assets when your business is located within one of the | | | | company may be eligible for California tax incentives |
| state's enterprise zones. | | | | of up to ten percent of the purchase cost. |
| Enterprise zones are designated as such if they meet | | | | If your California enterprise zone company uses a fleet |
| certain criteria; the most important one is that they are | | | | of vehicles in its daily operations of getting work done, |
| located in an economically challenged area. If your | | | | you may be eligible for another California tax credit in |
| business creates jobs for people in the enterprise | | | | this regard. Because California wants to cut down on |
| zone, and if those workers are veterans or people | | | | greenhouse gas emissions from vehicles, the state |
| receiving public assistance, then your company is | | | | offers California tax incentives when your company |
| rewarded for that effort with a California tax credit of | | | | purchases vehicles that are hybrid or diesel cars that |
| up to $13,000 per employee each year. There are | | | | run on natural or liquid nitrogen gas, gasoline, hydrogen, |
| similar corporate tax incentives available from the | | | | ethanol or electric motors. |
| Federal government as well. Offering additional | | | | |