California Competes Overview
If your business is creating well-paying jobs and growing facilities in California, you may qualify to receive valuable credits against your company’s California income tax bill.
The California Competes Tax Credit Program (CCTC), part of Governor Gavin Newsom’s Economic Development Initiative, is designed to keep businesses in the state, help current California businesses grow, and encourage businesses to move to the state or expand their California operations. The Governor’s Office of Business and Economic Development (GO-Biz) serves as California’s leader for job growth, economic development and business assistance efforts. Visit the GO-Biz website at
https://business.ca.gov/california-competes-tax-credit.