GO-Biz to Award $230.4M to California Taxpayers

The Governor’s Office of Business and Economic Development (GO-Biz) will be awarding $230.4 million during fiscal year 2017-18 under the California Competes Tax Credit (CCTC) program.  The CCTC encourages business taxpayers to relocate to California or remain and grow in the state.  Awards are offered for hiring full-time employees and investing in personal and real property.  GO-Biz has announced three application periods:

  • July 24, 2017 through August 21, 2017
  • January 2, 2018 through January 22, 2018
  • March 5, 2018 through March, 26, 2018

Additional information is available here.  Please call or email us for a free consultation if you are interested in pursuing this incentive.