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Tax Credits

A collection of news and information related to Tax Credits published by this site and its partners.

Top Tax Credits Articles

Displaying items 23-33
  • Ethanol subsidy: Senate rejects bill to kill the $6 billion program

    The following comes from the Tribune Co.'s Washington, D.C., bureau... The Senate rejected a proposal Tuesday to do away with annual ethanol subsidies in a vote that was closely watched for clues about the willingness of Republicans to take on tax breaks...
  • Chesapeake Bay Candle opens first U.S. plant in Glen Burnie

    Chesapeake Bay Candle opens first U.S. plant in Glen Burnie
    It's called Chesapeake Bay Candle. But for 17 years, all the products in the signature line of Annapolis-born and Rockville-based Pacific Trade International were made by cheaper labor in Asia. On Tuesday, the brand celebrates a sort of homecoming: the...
  • Wiggle room in Motorola Mobility's state tax break

    Wiggle room in Motorola Mobility's state tax break
    The fine print in a contract between Illinois and Motorola Mobility indicates that the smartphone company can maintain a smaller workforce than the one it employs today  and still qualify for more than $110 million in financial incentives designed to keep...
  • How Illinois' 2011 tax incentive contracts stack up

    So far this year, 27 companies have negotiated deals to retain or create jobs in Illinois. Those companies will receive more than $230 million in incentives over the next decade, mainly through the state's Economic Development for a Growing Economy tax...
  • Watson supports tax break for Columbia pools

    County Councilwoman Courtney Watson said at a public hearing Monday night that she would support including the Columbia Association's 26 swimming pools in her bill to forgive local property taxes for six private, nonprofit Howard swim clubs — if...
  • Not all swim clubs merit county property tax exemption

    When deciding whether or not to extend a 100 percent property tax credit to six nonprofit pools council members must consider the nature of some county swim clubs. Granting a tax credit simply because certain pools are considered nonprofits that serve the...
  • Howard swim club tax credit bill could be in trouble

    A bill intended to forgive Howard County property taxes for six private, nonprofit swim clubs might be in trouble, judging from the dozens of questions raised at a County Council work session by the three members who represent Columbia. By the end of the...
  • Maryland's biotech tax credits draw rush of applicants

    The state's biotech tax credits drew more than 180 applications within three minutes of the window opening for the $8 million available this fiscal year, the Maryland Department of Business and Economic Development said Thursday. The credits go to...
  • Council permits tax bills to rise while economy struggles

    After reviewing my 2011 real property tax bill, I see an increase in the amount of tax I am being assessed resulting from a reduction in the homestead tax credit by 5 percent. This automatic annual increase will continue each year until my homestead tax...
  • The Interview: Vadim Polikov

    The Interview: Vadim Polikov
    Solar power is not just for large manufacturers and other companies looking to save on energy costs. Photovoltaic systems increasingly are turning up on rooftops of residential homes. It's a market on which Astrum Solar is betting. Based in Annapolis...
  • EA Sports to grow, not shrink, in Florida

    EA Sports to grow, not shrink, in Florida
    Executives at EA Sports did a bit of damage control this week as news broke out ofTexas that the company was growing 150 permanent jobs there. They quickly tried to reassure local officials that EA Sports' Tiburon studio inMaitland, where signature...