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For more information on contact Riverside County Employer Services Team at 833.303.4333 or employerservices@rivco.org or by visiting https:// rivcoworkforce.org This WIOA Title I financially assisted program or activity is an equal opportunity employer/program. Equal Opportunity Notice. Auxiliary aids and services are available upon request to individuals with disabilities. Please call 951.955.3100, 951.955.3744 TTY, CA Relay 711, or ADACoordinator@rivco. org 5 to 7 days in advance. STATE INCENTIVES CAEATFA Full Sales & Use Tax Exclusion: The California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) provides a full-sales and use tax exclusion (around 8-10% on average) for advanced manufacturers, recyclers, and manufacturers of alternative source and advanced transportation products, components, • If you’re an employee, we’ll help you identify interests, strengths, and skills you build upon Incumbent Worker Eligibility • Be employed • At least 18 years of age • U.S. Citizen or a non-citizen whose status permits employment in U.S. • Males must be registered for Selective Service • Meet Fair Labor Standards Act • Established employment with employer for 6 months or more Employer Eligibility • Have a need to upgrade skills of their employees to remain competitive in their • industry or the economy • Can meet the shared cost requirement • Private sector, non-profit, and local government entities • Employer must be in operation for at least 12 months • Current on all state and federal tax obligations How The Program Works • Meet your local Workforce Development representative • If you’re an employer, we’ll help you identify current employees who need retraining and upskilling, and providing training
California Competes Tax Credit The California Competes Tax Credit is an income tax credit available to businesses that want to locate in California or stay and grow in California. The tentative amount of credits that can be allocated by GO-Biz is $180 million in each fiscal year 2018-19 through 2022-23. Employment Training Panel Funded through the Employment Training Panel (ETP) for manufacturers and distribution centers, the ETP pays 100% of customized training for eligible companies, determined by using the California Employment Account number. For more information on the Employment Training Panel, visit: https://etp.ca.gov. or systems. • Benefit: Full Sales & Use Tax Exclusion on eligible manufacturing equipment. • Max award: Individual projects are limited to $10 million of sales tax exclusion (STE) in a given calendar year. • Process: Competitive application process, final determination by board approval. • Further information: https://www.cdtfa.ca.gov/ taxes-and-fees/caeafta.htm. • Fee Calculator: https://www.treasurer.ca.gov/ caeatfa/ste/fees.asp. CDTFA Partial Sales and Use Tax Exemption The purpose of the Partial Sales and Use Tax Exemption is to incentivize manufacturing projects by exempting purchases made by qualified manufacturers, which include research and development activities. The exemption from the states portion of sales tax on equipment, is self-certified via the California Board of Equalization Qualified activities are determined by the North American Industry Classification System (NAICS) code. For more information on the Partial Sales and Use Tax Exemption, visit: https://www.cdtfa.ca.gov/ taxes-and-fees/sales-and-use-tax-exemptions.htm.
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