California Competes Tax Credit

The California Competes Tax Credit is an income tax credit available to businesses who want to come, stay, or grow in California. Tax credit agreements are negotiated by GO-Biz and approved by a statutorily created “California Competes Tax Credit Committee,” consisting of the State Treasurer, the Director of the Department of Finance, the Director of GO-Biz, and one appointee each by the Speaker of the Assembly and Senate Committee on Rules.

Updates

For fiscal year 2016-17, GO-Biz will accept applications for the California Competes Tax Credit during the following periods:

  • July 25, 2016, through August 22, 2016 ($75 million available)
  • January 2, 2017, through January 23, 2017 ($100 million available)
  • March 6, 2017, through March, 27, 2017 ($68.3 million plus any remaining unallocated amounts from the previous application periods) 

Please refer to the Notice Fiscal Year 2016-2017 for more information.
 

Services Offered


California Competes Tax Credit Contact Information

For questions or technical assistance, we are available by email or by phone at (916) 322-4051.

Visit the California Business Portal for resources and information about other tax incentives and to help you get your business up and running.

Current Regulations

Proposed Regulation Amendments