GO-Biz Hosting Webinars for Businesses Interested in Applying for $80 Million in Tax Credits

GO-Biz is offering a series of free webinars to explain the application process for California Competes Tax Credit (CCTC) application. The next CTCC application period began on Monday, July 27, 2020, and there is $80 million in tax credits available for businesses to claim.

The California Competes Tax Credit is an income tax credit available to businesses that want to come to California or stay and grow in California. Tax credit agreements are negotiated by GO-Biz and approved by a statutorily created “California Competes Tax Credit Committee,” consisting of the State Treasurer, the Director of the Department of Finance, the Director of GO-Biz, and one appointee each by the Speaker of the Assembly and Senate Committee on Rules.

The application can be accessed at www.calcompetes.ca.gov, and the application period closes on Monday, August 17, 2020, at 11:59 p.m. Pacific Time; at the time of the deadline, the application website will automatically close.

Those interested in attending an informational webinar have a variety of dates to choose from:

July 29, 2020
Details and Registration
 
August 6, 2020
Details and Registration
 
August 11, 2020
Details and Registration