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$120 million in tax credits now available

By Brittney Sherman

$120 million in tax credits now available

Has your company expanded or added quality, full-time jobs in California in the past year? If so, you might be eligible to receive a tax credit through Go-Biz and the Cal Competes program. A total of $304,727,233 in California tax credits has been allocated over three rounds during the 2022-2023 fiscal year. This second round of credits represents the largest of the three, allocating up to $120 million. Applications for round two are now being accepted through Monday January 23. Learn more about the CalCompetes Tax Credit program HERE and start your online application HERE.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov


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