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CA

California Competes Tax Credit

State tax credit for businesses creating jobs and investment in California.

About this program

The California Competes Tax Credit is a negotiated state income tax credit for businesses that want to come to California or stay and grow in California, with awards tied to job creation, wages, investment, and project milestones.

Eligibility

Businesses expanding, relocating, or retaining operations in California, including Ontario projects, that can commit to job, wage, investment, and economic impact milestones.

Requirements

  • Apply through GO-Biz during a California Competes application period
  • Provide jobs, wages, investment, project, competition, and business information
  • Execute tax credit agreement and meet annual milestones before claiming credits