California
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- California
considering draft regulations on business tax credits, TaxAnalysts.com (November 25, 2013)**
Proposed draft regulations
presented by the California Governor's Office of Business and Economic
Development at public workshops across the state would govern the
California Competes Tax Credit program, which provides income tax
credits to businesses that relocate and expand in the state.
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Missouri
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National
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North
Carolina
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- North
Carolina DOR summarizes 2013 tax law changes, TaxAnalysts.com (November 21, 2013)**
The North Carolina Department
of Revenue has released a publication designed for DOR personnel, that
summarizes tax law changes that take effect for tax year 2013 and
changes made by the General Assembly in 2013 regardless of effective
date.
- Charlotte
weighs bid for major Boeing plant, Charlotte Observer (December 4, 2013)
Charlotte officials are
working to enter the multi-state competition for a manufacturing plant
to build Boeing’s new 777X jetliner, a project that could potentially
bring more than 8,000 jobs and a major aerospace industry player to the
city.
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South Carolina
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- Where
factory apprenticeship is latest model from Germany, The New York Times (November 30, 2013)
The New York Times
reports that in South Carolina, apprenticeships are mainly funded by
employers, but the state introduced a four-year, annual tax credit of
$1,000 per position in 2007 that proved to be a boon for small- to
medium-size companies. In South Carolina, the emphasis on job training
has also been a major calling card overseas for South Carolina
officials, who lured BMW here two decades ago and more recently
persuaded France’s Michelin and Germany’s Continental Tire to expand in
South Carolina.
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Virginia
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- Falls
tax law to be sought anew, TriCities.com (November 26, 2013)
City leaders in Bristol,
Virginia prepare to ask the General Assembly of Virginia to modify legislation
enabling tax funding for an economic development project commonly
referred to as “The Falls”.
- Patents
bring bioscience innovation to life, Richmond Times-Dispatch (December 3, 2014)
The CEO of VirginiaBIO
discusses the importance of an effective patent system and its impact on
the life sciences industry in Virginia.
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Womble
Carlyle Sandridge & Rice, LLP
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- Morris Ellison, Partner at WCSR, is currently
participating in a business and research mission to Israel. A large
South Carolina delegation is on the trip, and the goal is to promote
relationships between South Carolina and Israel, including trade, joint
ventures, investment and joint research opportunities. Mr. Ellison will
be participating in the Globes Israel Business
Conference,
and South Carolina is the only U.S. state with an official presence at
Israel’s premier annual business gathering.
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West
Virginia
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- Statewide
listening tour is a good idea, Charleston Daily Mail (November 22, 2013)
West Virginia’s economy seems
to be picking up, as the Commerce Chief announces existing plant
expansions and potential new investments in the state.
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