Business owners can apply for millions in available tax credits
(INDIO, CA) – Assemblymember Eduardo Garcia invites business owners to attend a workshop on the California Competes Tax Credit he is hosting tomorrow, Wednesday, March 4, 2015. The workshop is presented by the Governor’s Office of Business and Economic Development.
Small, medium and large businesses are encouraged to attend the workshop and receive instruction on how to apply for this tax credit program available from the State.
The workshop and the program are both free and available to businesses of all sizes.
When:
Wednesday, March 4, 2015
Workshop Location:
City of Indio, Council Chambers
100 Civic Center Mall
Indio, CA 92201
Workshop time:
1:00 PM – 2:00 PM
GO-Biz serves as the state's lead office for economic development and offers a range of services to business owners. Those services include assistance with business attraction, retention and expansion; site selection; permit assistance; clearing of regulatory hurdles; export assistance, and other small business services. For more information visit: www.business.ca.gov or contact Jorge.Jaramillo@gov.ca.gov.
The California Competes program was created through AB 93 and SB 90, both adopted in 2013. In addition to the tax credits for job creation, the new program offers sales tax relief on the purchase of qualified research and development equipment and manufacturing equipment. The amount of credits available will increase each year until 2018.
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Assemblymember Eduardo Garcia (D-Coachella) serves as the as the chairperson of the Assembly Committee on Jobs, Economic Development and the Economy. He represents the 56th district, which comprises the cities and communities of Blythe, Brawley, Bermuda Dunes, Calexico, Calipatria, Cathedral City, Coachella, Desert Hot Springs, El Centro, Holtville, Imperial, Indio, Mecca, Oasis, North Shore, Salton Sea, Thermal, Thousand Palms, and Westmorland.
