Employer Education Credit Job Training

Tax credits are available to businesses that provide approved basic skills education to Alabama resident employees. The credit is 20% of the actual costs, limited to the employer’s income tax liability. Certain requirements must be met.

Full Employment Act of 2011 Tax Credits

Businesses with 50 or fewer employees may receive a one-time, non-refundable tax credit equal to $1,000 for every new job created earning over $10 per hour.

Alabama Renewal Act: Port Credit Tax Credits

This discretionary program offers a one-time tax credit for increased usage of Alabama public ports. The credit is up to $50 per TEU, $3 per net ton or $0.04 per net kilogram. The credit may be taken against Alabama income tax liability and can be carried forward for five years. New distribution or warehouse shippers investing at least $20 million and creating at least 75 net new jobs are eligible to receive up to $100 per TEU over a 3-year period if entering into a project agreement with the state.

Jobs Act Incentives Tax Credits

This discretionary program offers credits for job creation and capital investment. To qualify, businesses that operate chemical manufacturing, data center, metal/machining or toolmaking, engineering, design, and research facilities must create net new jobs but are not subject to a specific minimum job creation requirement. Businesses that do not operate within the aforementioned industry sectors must create a minimum of 50 jobs (25 in a Targeted County).