671 Willow Pass Road

671 Willow Pass Road, Suite 8 Pittsburg, CaliforniaHOME HIGHLIGHTS AERIAL SITE PLAN GUIDEDVIDEOTOUR GuidedVideoTour California currently has four types of Geographically-Targeted Economic Development Areas (G-TEDAs).Each of these areas has related tax incentive benefits as well as a variety of locally provided incentives andbenefits. The purpose of these benefits is to stimulate business investment and job creation for qualified disadvantagedindividuals in state-designated economically distressed areas.Designated Enterprise Zones provide tax incentives to businesses and allow private-sector market forces torevive the local economy.TAX BENEFITSEnterprise Zone companies are eligible for substantial tax credits and benefits including:Click on Photo to Watch VideoHiring Credits - Firms can earn $37,440 or more in state tax credits for each qualified employee hired;Up to 100% Net Operating Loss (NOL) carry-forward. NOL may be carried forward 15 years (suspendedfor tax years 2002 and 2003);Corporations can earn sales tax credits on purchases of $20 million per year of qualified machinery andmachinery parts;Up-front expensing of certain depreciable property. Lenders to Zone businesses may receive a net interestdeduction;Unused tax credits can be applied to future tax years, stretching out the benefit of the initial investment;Enterprise Zone companies can earn preference points on state contracts.Eric Rehn, CCIMVice President925.627.2892eric.rehn@ctbt.comLIC #013652671850 Mt. Diablo Blvd., Suite 540Walnut Creek, CA 94596ph: 925.627.2880 fx: 925.627.2899www.ctbt.com