W. Va. Code R. § 110-13X-6
Forfeiture of credit
6.1. If an eligible company fails to begin production within the time specified in the application or in this rule, the eligible company forfeits the right to claim any tax credit for the approved qualified project. The forfeiture does not preclude the eligible company from resubmitting an application for the same project at a future date.
Amendment history
4/24/2023
Source: view the official text
Nearby sections (25 sections)
- 110-13KK-10 · Interpretation and construction
- 110-13KK-11 · Burden of proof; application required; failure to make…
- 110-13KK-12 · Tax credit review and accountability
- 110-13KK-13 · General procedure and administration
- 110-13KK-14 · Crimes and penalties
- 110-13KK-15 · Severability
- 110-13KK-16 · Effective date
- 110-13X-1 · General
- 110-13X-2 · Definitions
- 110-13X-3 · Amount of Tax Credit
- 110-13X-4 · Requirements for Tax Credit; Application for Tax Credit
- 110-13X-5 · Application Receipt and Review
- 110-13X-6 · Forfeiture of credit
- 110-13X-7 · Uses of credit; transferability
- 110-13X-8 · Confidentiality
- 110-13X-9 · General Procedure and Administration
- 110-13X-10 · Effective date, elimination of film tax credits,…
- 110-14B-1 · General
- 110-14B-2 · Definitions
- 110-14B-3 · Registration of Motor Carriers
- 110-14B-4 · Change of Issuance Dates for Identification Markers…
- 110-14B-5 · Exchange of Information
- 110-14B-6 · All Interstate Motor Carriers Doing Business In West…
- 110-14C-1 · General
- 110-14C-2 · Definitions