POPULATION: 37,690,000 (California Department of Finance)
LABOR FORCE: 18,668,100 (September 2014)
RIGHT TO WORK: No
TRADITIONAL INDUSTRIES: Services, finance/insurance/real estate, manufacturing, retail trade, wholesale trade, construction, agriculture/food processing
EXPANDING INDUSTRIES:Green technology, high-technology, Internet/web-based industries, biotechnology, telecommunications, healthcare technology, multimedia, entertainment, environmental technology, information technology, diversified manufacturing, transportation/logistics, value-added agriculture
COLLEGE GRADUATES: (Age 25 and over) 29.4%
BASIC BUSINESS TAXES:
Corporate Income Tax:
8.84 percent of net income
Sales and Use Tax:
7.25 to 9.25 percent
Property Tax: Assessed and collected locally by county governments; some cities and special districts collect their own taxes for purposes such as street improvements; average tax rate is 1.1 percent of fair market value
BUSINESS INCENTIVES
CALIFORNIA’S ECONOMIC DEVELOPMENT INITIATIVES, PROGRAMS AND RESOURCES INVESTMENT SERVICES
Incentive Analysis
Site Selection
Facilitation
TAX CREDIT PROGRAMS
Governor’s Economic Development Initiative
New Employment Credit
(Partial) Sales Tax Exemption for Manufacturing and R&D
California Competes Credit
California Research Credit
California Film & Television Credit
(Full) Sales Tax Exclusion
FINANCING PROGRAMS
CalCAP
[NEW] CalCAP Collateral Support
Industrial Development Bonds
Small Business Loan Guarantee Program
ENERGY AND ENVIRONMENT PROGRAMS
GO Solar California
Self-Generation Incentive Program
Energy Innovations Small Grant Program
Electric Program Investment Charge
Alternative and Renewable Fuel and Vehicle Technology Program
Hybrid and Zero Emission Truck and Bus Voucher Incentive Program
Air Quality Improvement Program Clean Rebate Project
Carl Moyer Memorial Air Quality Standards Attainment Program Providing Loan Assistance for California Equipment Program
Pollution Control Financing
Recycling Market Development Zones Revolving Loan Program
Beverage Container Recycling Grants
Cleanup Loans and Environmental Assistance to Neighborhoods Loan Program
Brownfields Revolving Loan Fund Program
Tire Equipment Loan Program
WORKFORCE DEVELOPMENT
Employment Training Panel
Workforce Investment Board
Department of Education - http://www.cde.ca.gov/eo/in/
PERMIT ASSISTANCE
GO-Biz Permit Assistance Unit
Consolidated Permitting Program
CalGOLD
INTERNATIONAL TRADE
GO-Biz International Trade Unit
China-CA Trade Office
State Trade Export Promotion Program
California Special TEA for EB-5 Program
California Investment Solicitation Program