California Competes Tax Credit

The California Competes Tax Credit is an income tax credit available to businesses that want to come to California or stay and 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 2018-19, GO-Biz will accept applications for the California Competes Tax Credit during the following periods:

  • July 30, 2018, through August 20, 2018
  • January 2, 2019, through January 21, 2019
  • March 4, 2019, through March 25, 2019

Please refer to the Notice Fiscal Year 2018-2019 for more information.

 

 

 

 

 

 

 

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

California Competes Tax Credit Regulations

Proposed Regulations

Proposed California Competes Tax Credit Regulations (DRAFT)
Submit comments by July 26, 2018 to CalCompetes.