www.hcd.ca.gov/fa/cdbg/ez/tax_area/
The California Targeted Tax Area (TTA) program came into existence in 1997. The only California TTA is Tulare County.
The TTA legislation requires the Department of Housing and Community Development to designate at least one TTA that gives certain businesses various tax incentives.
TTA benefits include, but are not limited to:
- Tax credits for sales and use taxes paid on certain machinery, parts, and equipment;
- Tax credits for hiring qualified employees;
- Fifteen year NOL carry-forward; and
- Accelerated expensing deduction.
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