The California Competes Tax Credit (CCTC) is an income tax credit available to businesses that want to locate in California or stay and grow in California. Businesses of any industry, size or location compete for over $180 million available in tax credits by applying in one of the three application periods each year. Applicants will be analyzed based on twelve different factors of evaluation, including number of full-time jobs being created, amount of investment, and strategic importance to the state or region.
Application Period Timeline: For the remainder of the 2023-2024, applications for the California Competes Tax Credit will be accepted during the following periods:
July 24, 2023 – August 14, 2023
January 2, 2024 – January 22, 2024
March 4, 2024 – March 18, 2024