IDAPA 35.01.01.944 — IDAHO SMALL EMPLOYER INCENTIVE ACT OF 2005 AS MODIFIED BY 2006

LEGISLATION - SMALL EMPLOYER REAL PROPERTY IMPROVEMENT TAX CREDIT (RULE 944).
Sections 63-4404 and 63-4406, Idaho Code
01.
Buildings and Structural Components of Buildings.
(4-6-23)
a.
To qualify for the small employer real property improvement tax credit, buildings and structural
components of buildings must meet the following requirements:
(4-6-23)
i.
The buildings and structural components of buildings must be new as defined in Subsection 940.03
of these rules. Structural components placed in service as part of a renovation of an existing building do not qualify.
(4-6-23)
IDAHO ADMINISTRATIVE CODE
IDAPA 35.01.01
Idaho State Tax Commission
Income Tax Administrative Rules
Section 944
Page 127
ii.
The buildings and structural components of buildings must be placed in service at the project site.
(4-6-23)
b.
Buildings and structural components of buildings that meet the definition of qualified investments
pursuant to Section 63-3029B, Idaho Code, will not qualify for the small employer real property improvement tax
credit.
(4-6-23)