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| | Targeted Tax Area (TTA) incentives are available to companies located within the TTA boundaries and engaged in a trade or business within the following Standard Industrial Codes: (1) - 2000-2099 Food Processing
- 2200-3999 Certain Other Manufacturers
- 4200-4299 Trucking and Warehousing
- 4500-4599 Air Transportation
- 4700-5199 Transportation Services, Communications and Wholesale Trade
State incentives include: - Tax credits for sales and use taxes paid on certain machinery, machinery parts, and equipment.
- Tax credits for hiring qualified employees.
- Fifteen year net operating loss carry-forward.
- Accelerated expense deductions.
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| | This information is intended for general purposes only and does not constitute advice. The intent is to provide content that is accurate and timely, however there is no expressed or implied assurance or guaranty of the accuracy, timeliness or applicability of any of the contents. For more information contact the State of California Franchise Tax Board, the Zone Manager, or your tax professional. | |
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| | (1) Standard Industrial Classification (SIC) Manual published by the United States Office of Management and Budget, 1987 edition. | |
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