(a) The Tax Commissioner shall provide to the Joint Committee on Government and Finance by July 1, 2011, and on July 1, of each year thereafter, a report detailing the amount of credit claimed pursuant to this article. The report is to include the amount of credit claimed against the business franchise tax and the amount of credit claimed against the corporate net income tax.
(b) Taxpayers claiming the credit shall provide the information as the Tax Commissioner may require to prepare the report: Provided, That the information is subject to the confidentiality and disclosure provisions of sections five-d and five-s, article ten of this chapter.
Structure West Virginia Code
Article 13Y. The West Virginia Manufacturing Property Tax Adjustment Act
§11-13Y-3. Eligibility for Tax Credits; Creation of the Credit
§11-13Y-4. Amount of Credit Allowed
§11-13Y-5. Application of Annual Credit Allowance
§11-13Y-6. Availability of Credit to Successors
§11-13Y-7. Credit Recapture; Interest; Penalties; Additions to Tax; Statute of Limitations