West Virginia Code — Chapters 11 / 11A / 11B (Taxation)
W. Va. Code § 11-13Q-2
Legislative finding and purpose
Official textcode.wvlegislature.gov
The Legislature finds that the encouragement of economic opportunity in this state is in the public interest and promotes the general welfare of the people of this state. In order to encourage greater capital investment in businesses in this state and thereby increase economic opportunity in this state, there is hereby enacted the economic opportunity tax credit.
Source: view the official text
In this chapter (40 sections)
- 11-13O-5 · Application of annual credit allowance
- 11-13O-6 · Proration of credit among partners, members of limited…
- 11-13O-7 · Annual computation of the number of new jobs held by…
- 11-13O-8 · Availability of credit to successors
- 11-13O-9 · Credit recapture; interest; penalties; additions to tax;…
- 11-13O-10 · Administrative rules
- 11-13O-11 · Construction of article
- 11-13O-12 · Effective date
- 11-13P-1 · Legislative finding and purpose
- 11-13P-2 · Definitions
- 11-13P-3 · Eligibility for tax credits; creation of the credit
- 11-13P-4 · Amount of credit allowed
- 11-13P-5 · Excess credit forfeited
- 11-13P-6 · Application of credit; schedules; estimated taxes
- 11-13P-7 · Computation and application of credit
- 11-13P-8 · Legislative rules
- 11-13P-9 · Construction of article; burden of proof
- 11-13P-10 · Effective date
- 11-13P-11 · Termination of tax credit
- 11-13Q-1 · Short title
- 11-13Q-2 · Legislative finding and purpose
- 11-13Q-3 · Definitions
- 11-13Q-4 · Amount of credit allowed
- 11-13Q-5 · Credit allowed for locating corporate headquarters in this…
- 11-13Q-6 · Credit allowable for certified projects
- 11-13Q-7 · Application of annual credit allowance
- 11-13Q-8 · Qualified investment
- 11-13Q-9 · New jobs percentage
- 11-13Q-10 · Credit for small business
- 11-13Q-10A · Credit allowed for specified high technology manufacturers
- 11-13Q-11 · Forfeiture of unused tax credits; redetermination of credit…
- 11-13Q-12 · Recapture of credit; recapture tax imposed
- 11-13Q-13 · Transfer of qualified investment to successors
- 11-13Q-14 · Identification of investment credit property
- 11-13Q-15 · Failure to keep records of investment credit property
- 11-13Q-16 · Interpretation and construction
- 11-13Q-17 · Severability
- 11-13Q-18 · Burden of proof; application required; failure to make…
- 11-13Q-19 · Business eligible for credit entitlements
- 11-13Q-20 · Tax credit review and accountability