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GOVERNORS OFFICE OF BUSINESS AND ECONOMIC DEVELOPMENT STATE OF CALIFORNIA s OFFICE OF GOVERNOR GAVIN NEWSOMCalifornia Competes Tax Credit Application WorkshopFiscal Year 20222023Agenda California

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How to fill out california competes tax credit

01

Visit the California Competes Tax Credit website to learn about the program and eligibility requirements.

02

Create an account on the online application portal.

03

Complete the application form with all required information, such as business details, number of employees, proposed new employment, and wages.

04

Submit the application before the deadline and wait for a decision from the California Competes Tax Credit committee.

Who needs california competes tax credit?

01

Businesses in California that are looking to expand their operations and create new jobs.

02

Companies that are willing to make a significant capital investment in the state of California.

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What is california competes tax credit?

California Competes Tax Credit is an income tax credit available to businesses who want to come to California or stay and grow in California.

Who is required to file california competes tax credit?

Businesses that are expanding or relocating to California and create new full-time jobs.

How to fill out california competes tax credit?

You can apply for California Competes Tax Credit by completing and submitting an online application through the California Governor's Office of Business and Economic Development.

What is the purpose of california competes tax credit?

The purpose of California Competes Tax Credit is to incentivize businesses to create new jobs and grow in California.

What information must be reported on california competes tax credit?

Information such as company background, number of full-time jobs to be created, employee wages, and a detailed explanation of the project or expansion.

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