NEWS ITEMS
AROUND THE WEB
NEWS ITEMS
AROUND THE WEB
Louisiana: Traditional and Knowledge-Based Industries Offer a Secure FutureLouisiana has seen lower unemployment and higher job growth than the South and U.S. as a whole. More |
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The Attraction of Enterprise Zones: Tax Benefits and Incentives for BusinessesLocating a business in a designated enterprise zone can often provide incentives unavailable in other areas. But the incentives offered are beginning to change — and there may be tradeoffs that could devalue the financial advantages More |
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Are Southern States Better Positioned for Technology Projects?A skilled, available work force, a favorable cost environment, the necessary infrastructure, and generous financial support have created a near-perfect environment for technology companies to thrive in the South. More |
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High-Tech Heats up the SouthLearn more about the projects programs incentives that make technology thrive in exclusive conversations with economic development officials from 14 Southern States. More |
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NEWS ITEMS
AROUND THE WEB
NEWS ITEMS
AROUND THE WEB
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LABOR FORCE: 2,091,612 (2007 estimate)
RIGHT TO WORK: YesTRADITIONAL INDUSTRIES: Oil and gas, petrochemicals, agriculture, timber, processed foods
EXPANDING INDUSTRIES: Healthcare services, information technology, international trade, aviation, tourism, R&D, ship and boat building, biotechnology, port-related activities, fabricated metalCOLLEGE GRADUATES: (Age 25 and over) 20.9% (2007 estimate)
BASIC BUSINESS TAXES:Corporate Franchise Tax: $1.50 per $1,000 on first $300,000 of capital stock, surplus, undivided profits, and borrowed capital; $3.00 per $1,000 above $300,000
Sales and Use Tax: 4 percent levied on sale of tangible personal property at retail, as well as the use, consumption, distribution, or storage of tangible personal property and the sale of services in the state; 1 to 5 percent local rate; several exemptions provided for sales taxProperty Tax: 1 percent of value of land and improvements for homeowners and 1.5 percent of value of equipment and improvements for businesses; levied by cities and parishes
BUSINESS INCENTIVES: