Revised FAQs for the California Competes Tax Credit include updated maximum ratio periods for applications to move into Phase II of the application process. Other updates also were made
The Governor’s Office of Business and Economic Development (GO-Biz) provides and updates the FAQs.
California Competes Tax Credit
The credit may be taken against personal income and corporation franchise and income taxes.
California Competes Tax Credit-Frequently Asked Questions, The California Governor’s Office of Business and Economic Development, November 20, 2018