California Competes Tax Credit Program

The California Competes Tax Credit (CCTC) is a competitive program that provides tax credits to businesses that want to expand, relocate, or stay in California. Companies apply for these credits, which are awarded based on factors such as job creation, investment, and economic impact. The goal is to attract and retain businesses that generate jobs and economic growth within the state. The program is managed by the California Governor’s Office of Business and Economic Development (GO-Biz). It helps make California more appealing for business investment by reducing the company's tax burden during critical growth phases.