California Competes Tax Credit (CCTC)
An income tax credit available to businesses that want to locate in California or stay and grow in California. Businesses of any industry, size, or location compete for over $922 million available in tax credits annually across three application periods. Awards are negotiated with GO-Biz based on factors including job creation, capital investment, and strategic importance to California.
About this program
FY2025-26 has three application periods totaling $922.69M. Next application window opens July 21, 2026 for FY2026-27. Carryover up to 6 years if credit exceeds liability.
Eligibility
Open to any business taxpayer, regardless of industry, size, or location. Must commit to creating new full-time jobs and meeting yearly milestones for employment, salary, and investment over a 5-year agreement. Minimum credit request of $20,000.