Don’t Miss Out On Tax Credits For Your Company!

GO-Biz to Host Regional Workshops and Webinars on How
Businesses Can Apply for the California Competes Tax Credit

You are invited to join the Governor’s Office of Business and Economic Development (GO-Biz) for a free workshop on how to apply for the California Competes Tax Credit (CCTC).

GO-Biz has available over $200 million in tax credits in fiscal year 2017-18. The next CCTC application period starts January 2, 2018.  Businesses interested in applying can register to attend any of the one-hour workshops and receive customized technical assistance from GO-Biz staff.  GO-Biz has also partnered with several organizations to help promote the workshops and encourage local businesses to attend the events. Importantly, GO-Biz is now offering Continuing Professional Education credit for Certified Public Accountants who attend any of these in-person one-hour workshops.

This program is open to any business planning to create new full-time jobs in the state, regardless of size or location.  Since 2014, GO-Biz has allocated $622.8 million to 865 companies projected to create 83,414 new jobs and $15.7 billion in new investments.

The online application can be accessed starting January 2, 2018 at www.calcompetes.ca.gov.

Members of the CCTC team are available to provide technical application assistance.  An application guide, Frequently Asked Questions (FAQs), program regulations, and a video explaining how to create an account are available here.

Complete List of Workshops and Webinars available on the GO-Biz Website.

Susanville, CA
December 4, 2017
Details and Registration

Riverside, CA
December 5, 2017
Details and Registration

Fontana, CA
December 5, 2017
Details and Registration

Pacoima, CA
December 6, 2017
Details and Registration

Los Angeles, CA
December 6, 2017
Details and Registration

Santa Monica, CA
December 7, 2017
Details and Registration

Paramount, CA
December 7, 2017
Details and Registration

San Diego, CA
December 8, 2017
Details and Registration

San Francisco, CA
December 13, 2017
Details and Registration

Concord, CA
December 13, 2017
Details and Registration

Salinas, CA
December 14, 2017
Details and Registration

Fresno, CA
December 15, 2017
Details and Registration

Stockton, CA
December 15, 2017
Details and Registration

San Mateo, CA
December 18, 2017
Details and Registration

Sacramento, CA
January 4, 2017
Details and Registration

About GO-Biz
The Governor’s Office of Business and Economic Development (GO-Biz) serves as California’s single point of contact for economic development and job creation efforts. GO-Biz offers a range of services to business owners including: attraction, retention and expansion services, site selection, permit streamlining, clearing of regulatory hurdles, small business assistance, international trade development, assistance with state government, and much more. For more information visit: www.business.ca.gov.

About California Competes

The CCTC is part of the Governor’s Economic Development Initiative (GEDI) which Governor Brown signed legislation to enact in 2013 (AB 93 and SB 90). GO-Biz evaluates the most competitive applications based on the factors required by statute, including total jobs created, total investment, average wage, economic impact, strategic importance and more. Companies are exempted from paying state income taxes in the amount awarded.

If you have any questions regarding the CCTC or application process, please contact our office at (916) 322-4051 or send an email to CalCompetes@gov.ca.gov.

If you would like to receive information about other GO-Biz programs, press releases, newsletters, and events please click here to register.

Register at: www.business.ca.gov/calcompetes

By | 2017-12-01T13:10:16+00:00 December 1st, 2017|Blog, City Departments|Comments Off on Don’t Miss Out On Tax Credits For Your Company!