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Turkey Is One of Six "Next Tier Markets" for the United States

Assistant Secretary for Economic, Energy and Business Affairs Jose W. Fernandez met with Turkish Union of Chambers and Stock Exchanges Chairman Risat Hisarciklioglu during his June visit to Turkey for the Economic Partnership Commission meeting.
By Jose W. Fernandez* - The tempo of economic engagement between Turkey and the United States is steadily increasing. There is a level of excitement that translates into potential cooperation in many areas – from renewable energy to developing the financial sector, promoting new and existing small and medium sized companies, and economic cooperation in third countries. While U.S. trade with Turkey was sharply impacted during the economic downturn, two-way trade has risen by 37.8% to $5.6 billion for the first five months of 2010.

August 7, 2010
Published in How to Invest in the U.S.

New York State Tax Incentives Encourage Businesses

New York’s tax incentives, which take the form of credits, deductions, or allocation formula changes, can help reduce a company’s overall effective tax burden to as low as the statutory minimum tax.

June 14, 2009
Published in How to Invest in the U.S.

Empire Zones Program Attracts New Businesses

New York State’s Empire Zone program was created to stimulate economic growth through a variety of State tax incentives designed to attract new businesses to New York State and to enable existing businesses to expand and create more jobs.

June 14, 2009
Published in How to Invest in the U.S.

New York State: Home of 2000 Foreign Entities

Located in the heart of the biggest concentration of population in North America, New York is within one day’s highway travel of more than 55 percent of the nation’s population and more than 60 percent of the population of Canada. Many of the nation’s major cities, including Milwaukee, Pittsburgh, Chicago, Louisville, Charlotte, Raleigh, Washington, D.C., Boston and Portland, Maine are within one day’s drive of New York locations. In fact, New York’s location has made it a preferred location for distribution activities serving the Northeast, Midwest, and Mid South.