alliantgroup Applauds Gov. Jindal's Plan to Extend and Expand Louisiana's Job Creation, Business Development and R&D Incentives
HOUSTON, Feb. 17, 2011 /PRNewswire/ -- alliantgroup, the specialty tax advisory firm, today announced its strong support for Louisiana Governor Bobby Jindal's proposals to extend Louisiana's Quality Jobs Program, the Research & Development Tax Credit and the Technology Commercialization Credit/Jobs Program, and enhance the state's Digital Interactive Media Protection Tax Credit.
"Governor Jindal understands the importance of tax incentives and credits to create jobs, spur innovation and grow the Louisiana economy," said Dhaval Jadav, CEO of alliantgroup. "The programs he is seeking to extend and enhance have helped bring jobs to Louisiana and allowed small and large companies around the state to increase employment, develop cutting-edge products/technologies and leverage new business opportunities. As a firm that has deep experience helping companies of all sizes take advantage of such tax incentives and credits, alliantgroup applauds the Governor's proposals and we look forward to continuing our work with businesses around Louisiana to realize the benefits of these important programs today and in the future."
- The Quality Jobs program encourages businesses to locate or expand operations in Louisiana by providing tax incentives for job creation and capital investment.
- The R&D tax credit program provides up to a 40% refundable tax credit for Louisiana businesses, based on employment levels, that conduct research and development activities in the State.
- The Technology Commercialization Tax Credit provides incentives to Louisiana companies that invest in the commercialization of technology resulting from research performed at a Louisiana university.
- The Louisiana Digital Media Tax Credit is one of the most competitive incentives for digital media and software development activities in the country.
alliantgroup is the nation's premier provider of specialty tax services. Headquartered in Houston, TX, alliantgroup works with CPAs and their clients to ensure that they receive the full benefits of all available federal and state government sponsored tax credit and incentive programs, such as the research and development tax credit, export tax incentives, manufacturing tax incentives, federal and state hiring credits, sales and use tax refund reviews, and a dedicated tax controversy services team.
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