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California Competes Tax Credit application window and updated FAQs

August 02, 2017

GO-Biz has announced that, for fiscal year 2017–2018, applications for the California Competes Tax Credit will be accepted online during the following periods:

  1. July 24, 2017, through August 21, 2017 ($75 million available);
  2. January 2, 2018, through January 22, 2018 ($100 million available); and
  3. March 5, 2018, through March 26, 2018 ($55.4 million plus any remaining unallocated amounts from the previous application periods).

The total amount available for allocation during the three application periods will be $230.4 million. (Governor’s Office of Business and Economic Development Notice (June 29, 2017)

Also, GO-Biz has updated its California Competes Tax Credit FAQs. The updates relate to, among other things, the following sections in the FAQs: General, Application Mechanics, Evaluation Process, Employment Requirements, and Privacy.

To see the FAQs, so to:

www.business.ca.gov/Portals/0/CA%20Competes/Docs/CaliforniaCompetesFAQ.pdf

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