Andersen Global
09 July 2025
The California Competes Tax Credit – A Lucrative Opportunity for Companies Planning to Grow or Relocate in the Golden State
The California Competes Tax Credit (CCTC) provides businesses that plan to expand in or relocate to California with a significant negotiated non-refundable income tax credit. Each year, the California Governor’s Office of Business and Economic Development (GO-Biz) sets aside millions of dollars in CCTC funds to incentivize business development in the state.