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Six San Joaquin County Businesses Receive California Competes Tax Credits
April 17, 2015
Six San Joaquin County businesses are among the 93 companies from across the state receiving tax credits from the Governor’s Office of Business and Economic Development (GO-Biz). Together these six companies represent 342 new jobs and $27 million in investment. They received an aggregate amount of nearly $1.4 million in tax credits.
“The California Competes tax credit is one of the nation’s most effective and aggressive tools for encouraging companies to expand and add jobs in California,” said committee chair Michael E. Rossi. “California is projected to allocate over $650 million in targeted tax credits over the next four years which will continue to spur job creation and investment across the state.”