From the Fall 2014 Issue

Maryland – Cash Investments and Tax Credits Add Up to Business Success for Cybersecurity Companies

Andrew L. Bareham, CPA, MST
Principal, State and Local Tax (SALT) Chair | KatzAbosch

The Internet Age has changed the business environment in the world. For instance, Silicon Valley in California has become the home to many high-tech business giants. New businesses attracted to Silicon Valley have brought high-paying jobs and with the jobs comes tax revenue for the state. With the changeover from a manufacturing economy to a digital economy, the states want to attract new age businesses that employ highly paid professionals and the tax base that comes with this industry.

Recognizing the positive impact having a high-tech industry centered in your state can bring, Maryland is offering incentives . . .

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