GO-Biz to Award $75M in California Competes Tax Credits

The Governor’s Office of Business and Economic Development (GO-Biz) is now accepting the second round of California Competes Tax Credit (CCTC) applications for fiscal year 2015-2016.  The CCTC is a California income tax credit available to businesses that want to relocate to California or remain and grow in the state.  $75 million is available for this round of applications that will be accepted until Monday, January 25, 2016 at 11:59 PM (PST).  The online application can be accessed at www.calcompetes.ca.gov. Additional information is available at www.business.ca.govCalCompetes.aspx and www.foxconsultinggroupllc.com/services/go-biz.   Taxpayers can also attend workshops and webinars listed here.  Please do not hesitate to contact us if you have any questions or need assistance with the application process.