Tag search result
Tip: Clicking on tags in this page allows you to drill further with combined tag search. For example, if you are currently viewing the tag search result page for "health care", clicking on "Kay Hagan" will bring you to a list of contents that are tagged with both "health care" and "Kay Hagan."
Senate: thumbs up on incentives
Submitted by markjohnson on 2009-05-11 21:02
Apple Computer Inc. would have one more reason to set up shop in North Carolina under a bill approved by the Senate Monday night.
Senators voted 37 to 9 to change the way corporate taxes are calculated for companies that make enormous capital investments. The bill would affect only a handful of companies now in the state, but it was designed to lure Apple to locate an operation in North Carolina, spending more than $1 billion.
Under the bill, only a company's North Carolina sales would be used to calculate its corporate income tax. North Carolina now includes a company's property and payroll when calculating the tax.
