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.
Structure West Virginia Code
§11-13T-1. Legislative Finding and Purpose
§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; Schedules; Estimated Taxes