Hogan calls for expansion of tax-relief program aimed at job creation
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Title : Hogan calls for expansion of tax-relief program aimed at job creation
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Title : Hogan calls for expansion of tax-relief program aimed at job creation
link : Hogan calls for expansion of tax-relief program aimed at job creation
news-today.world | Maryland Gov. Larry Hogan (R) on Wednesday proposed expanding a state tax break for manufacturers that create new jobs, calling for lawmakers to extend the credits to more industries and jurisdictions.
Hogan’s plan, which he will introduce during the 2018 legislative session, builds upon a measure he signed this year to boost employment in the state.
The existing program provides manufacturing businesses in eight high-unemployment jurisdictions with relief from state sales taxes, along with property and income taxes, if they add at least five jobs and provide workers with skills training. Manufacturers in four other counties qualify solely for income-tax credits if they create at least 10 jobs.
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Hogan’s plan, which he will introduce during the 2018 legislative session, builds upon a measure he signed this year to boost employment in the state.
The existing program provides manufacturing businesses in eight high-unemployment jurisdictions with relief from state sales taxes, along with property and income taxes, if they add at least five jobs and provide workers with skills training. Manufacturers in four other counties qualify solely for income-tax credits if they create at least 10 jobs.
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You are now reading the article Hogan calls for expansion of tax-relief program aimed at job creation With link address https://newstoday-ok.blogspot.com/2017/12/hogan-calls-for-expansion-of-tax-relief.html