Unused credit; carryforward; credit forfeiture

If any credit remains after application of the credit against tax for any taxable year under this article, the amount thereof shall be carried forward to each ensuing tax year until used or until July 1, 2010, whichever occurs first. If any unused credit remains after July 1, 2010, the amount thereof is forfeited. No carryback to a prior taxable year is allowed for the amount of any unused portion of this credit.

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In this chapter (40 sections)

11-13R-8 · Transfer of qualified research and development investment to…
11-13R-9 · Identification of investment credit property
11-13R-10 · Failure to keep records of qualified research and…
11-13R-11 · Tax credit review and accountability
11-13R-12 · Effective date
11-13R-13 · Expiration of tax credit
11-13S-1 · Short title
11-13S-2 · Legislative findings and purpose
11-13S-3 · Definitions
11-13S-4 · Amount of credit allowed for manufacturing investment
11-13S-5 · Qualified manufacturing investment
11-13S-6 · Forfeiture of unused tax credits; redetermination of credit…
11-13S-7 · Transfer of property purchased for manufacturing investment…
11-13S-8 · Identification of investment credit property
11-13S-9 · Failure to keep records of property purchased for…
11-13S-10 · Tax credit review and accountability
11-13T-1 · Legislative finding and purpose
11-13T-2 · Definitions
11-13T-3 · Eligibility for tax credits; creation of the credit
11-13T-4 · Amount of credit allowed
11-13T-5 · Unused credit; carryforward; credit forfeiture
11-13T-6 · Application of credit against health care provider tax;…
11-13T-7 · Computation and application of credit
11-13T-8 · Legislative rules
11-13T-9 · Burden of proof
11-13U-1 · Short title
11-13U-2 · Legislative finding and purpose
11-13U-3 · Definitions
11-13U-4 · High-growth business investment tax credit
11-13U-5 · Restrictions on investment
11-13U-6 · Penalty
11-13U-7 · Disclosure of tax credits
11-13U-8 · Tax credit review and accountability
11-13U-9 · Rules
11-13U-10 · Effective date; expiration of credit
11-13V-1 · Short title
11-13V-2 · Legislative intent and findings
11-13V-3 · Definitions
11-13V-4 · Imposition of tax
11-13V-4A · Coalbed methane

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