top of page
Alabama Investment Credit
Alabama
Eligibility?
Explicitly Eligible
Overview
Alabama
Incentive Type
Alabama Investment Credit
Benefit Type
Tax Incentive
Effective Date
December 31, 2024 at 7:00:00 PM
Official Identifier
State
Incentive Details
Incentive Description
Provides a performance-based income tax credit for qualifying economic development projects that create new jobs and make capital investments in Alabama. Eligible project types include data processing centers, manufacturing facilities, and certain other qualifying industries.
Key Provisions
• Tax credit of up to $1.5% of qualified captial investment
• Unused credits may be carried forward for up to 5 years
• Credits may be transferred or sold at 85% or more of face value.
Benefit Type
10 Years
bottom of page