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.
Structure West Virginia Code
Article 13Q. Economic Opportunity Tax Credit
§11-13Q-2. Legislative Finding and Purpose
§11-13Q-4. Amount of Credit Allowed
§11-13Q-5. Credit Allowed for Locating Corporate Headquarters in This State
§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 Allowed
§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-18. Burden of Proof; Application Required; Failure to Make Timely Application
§11-13Q-19. Business Eligible for Credit Entitlements
§11-13Q-20. Tax Credit Review and Accountability
§11-13Q-21. Effective Date; Election; Notice of Claim or Election Under Transition Rules
§11-13Q-22. Credit Available for Taxpayers Which Do Not Satisfy the New Jobs Percentage Requirement