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Post details: Colorado --Corporate, Personal Income Taxes: Governor Proposes Job Growth Incentive Program
12/23/08
Colorado --Corporate, Personal Income Taxes: Governor Proposes Job Growth Incentive Program
CCH (cch.taxgroup.com) reports:
As part of his job creation and economic development proposals for the upcoming 2009 legislative session, Colorado Gov. Bill Ritter, Jr. has proposed the creation of a new corporate and personal income tax credit program as an incentive for businesses to create jobs in Colorado. A company would be eligible for a tax credit of up to 50% of its annual FICA taxes on new employees under the Job Growth Incentive Program, if it applies to the Economic Development Commission and meets specific criteria.
Subscribers to CCH Tax Research NetWork can view the governor's press release.
Press Release , Colorado Gov. Bill Ritter, Jr., December 18, 2008
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