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California
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California adopts emergency California competes tax credit regs, TaxAnalysts.com (February 20, 2014)**
The California Governor's Office of Business and Economic Development has adopted emergency regulations to implement the California Competes Tax Credit program that provides income tax credits for businesses that relocate and expand in the state.
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Israel and California sign R&D agreement, Globes (March 6, 2014)
Prime Minister Benjamin Netanyahu and California Governor Jerry Brown have signed a Memorandum of Understanding (MOU) for R&D cooperation between Israel and California.
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Florida
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North Carolina
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North Carolina Justice Center discourages switch to single-sales-factor apportionment, TaxAnalysts.com (March 1, 2014)**
The North Carolina Justice Center has released a report discouraging the legislature from adopting a single-sales-factor apportionment formula for corporate income tax because it will put smaller North Carolina businesses at a competitive disadvantage, reduce public revenue, shift the tax burden to individuals, and fail to spur job creation.
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South Carolina
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Virginia
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McAuliffe bill helps The Falls project, Tricities.com (February 28, 2014)
Virginia works hard to not lose development to Tennessee, with an immediate focus on development in Bristol, Virginia.
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