W. Va. Code R. § 110-21C-1
General
1. Scope. - This rule provides the method of reporting the alternative method for distribution of qualified rehabilitated buildings investment credit that is required by W. Va. Code § 11-21-8e(b); the method to sell, assign or transfer the credit pursuant to W. Va. Code §§11-21-8h or 11-24-23g, and requirements to claim the credit once transferred; the method to show good standing with the State Tax Division and local, municipal and county taxing authorities as required by W. Va. Code §§11-21-8a and 11-24-23a; and limitations on claiming the credit, including those set forth by House Bill 203, passed October 17, 2017.
2. Authority. - W. Va. Code §§11-21-8a(a), 11-21-8e(b), 11-21-8h(e), and 11-24-23a(a).
3. Filing Date. - November 30, 2018
4. Effective Date. - December 31, 2018
Amendment history
12/31/2018
Source: view the official text
Nearby sections (25 sections)
- 110-21A-2 · Definitions
- 110-21A-3 · Taxable Income Calculation
- 110-21A-4 · Amount of Deduction
- 110-21A-5 · Withholding
- 110-21A-6 · Filing of a Return
- 110-21B-1 · General
- 110-21B-2 · Definitions
- 110-21B-3 · Citizen Tax Credit
- 110-21B-4 · Qualification for Homestead Exemption
- 110-21B-5 · Determination of Eligibility
- 110-21B-6 · Notice of Eligibility, Forms and Instructions
- 110-21B-7 · Calculation of Credit
- 110-21C-1 · General
- 110-21C-2 · Definitions
- 110-21C-3 · Methods for Certain Entities to Distribute Credit
- 110-21C-4 · Sale, Assignment or Other Transfer of Credit
- 110-21C-5 · Method to demonstrate good standing with state, local,…
- 110-21C-6 · Limitations on claiming the credit
- 110-21F-1 · General
- 110-21F-2 · Definitions
- 110-21F-3 · Rebate allowable
- 110-21F-4 · Eligibility to claim the coal severance tax rebate
- 110-21F-5 · Information required to determine amount of rebate allowable
- 110-21F-6 · Determining the qualified investment
- 110-21F-7 · Application for rebate required