Skip to Main Content

Governor’s 2013 Economic Development Initiative

On July 11, 2013, California Governor Edmund G. Brown Jr. signed legislation affecting business incentives in California. All Geographically Targeted Economic Development Areas (G-TEDA) tax incentives were repealed and three new incentives were created.

Repeal of the Geographically Targeted Economic Development Areas Tax (G-TEDA) Incentives

Learn more

New Employment Credit

The New Employment Credit is available for business located in newly identified census tracts, as well as the former Enterprise and LAMBRA Zones.

Learn more

California Competes Tax Credit

The Governor's Office of Business and Economic Development (GO-Biz) administers the California Competes Tax Credit. Applications for the credit are available to businesses that want to locate in California, or stay and grow in California.  Credit agreements are negotiated by GO-Biz and are approved by the California Competes Tax Credit Committee.

Learn more about claiming the credit on your tax return and FTB's review process

Sales Tax Exemption

The Board of Equalization administers a partial exemption to businesses that purchase qualified property after July 1, 2014.

Learn more about the Sales Tax Exemption

Contact us

For additional information, call us at 916.845.3464, weekdays, 8 a.m. to 5 p.m., except state holidays or email us at GEDI@ftb.ca.gov.

Help us improve our website

Don't include social security numbers or other personal/confidential information.



Thank you for your help.

If you need assistance, contact us.

Oops! Something went wrong.

We appreciate your feedback. Please try again later

Chat with an FTB Representative
 

You are leaving ftb.ca.gov

We do not control the destination site and cannot accept any responsibility for its contents, links, or offers. Review the site's security and confidentiality statements before using the site.

If you have any issues or technical problems, contact that site for assistance.

Ahora está saliendo de ftb.ca.gov

Nosotros no controlamos el sitio web al que se destina y no podemos aceptar ninguna responsabilidad por su contenido, enlaces, u ofertas. Revise las declaraciones de seguridad y confidencialidad del sitio antes de usar el sitio. Si tiene algún problema en general o técnico, comuníquese con ese sitio para obtener asistencia.

Si tiene algún problema en general o técnico, comuníquese con ese sitio para obtener asistencia.