(a) There shall be allowed as a credit against the tax imposed by this article for the taxable year the amount determined under articles thirteen-c, thirteen-d and thirteen-e of this chapter relating respectively to:
(1) The tax credit for business investment and jobs expansion;
(2) The tax credit for industrial expansion and revitalization and eligible research and development projects; and
(3) The tax credit for coal loading facilities.
(b) The Tax Commissioner shall prescribe such regulations as he deems necessary to carry out the purposes of this section and articles thirteen-c, thirteen-d and thirteen-e of this chapter.
(c) This provision shall take effect on July 1, 1987.
Structure West Virginia Code
Article 23. Business Franchise Tax
§11-23-2. Short Title; Arrangement of Sections or Portions Thereof
§11-23-3. Meaning of Terms; Specific Terms Defined
§11-23-3a. Meaning of Terms; General Rule
§11-23-5. Apportionment of Tax Base
§11-23-5a. Special Apportionment Rules - Financial Organizations
§11-23-6. Imposition of Tax; Change in Rate of Tax
§11-23-7. Persons and Other Organizations Exempt From Tax
§11-23-8. Accounting Periods and Methods of Accounting
§11-23-9a. Method of Filing for Business Taxes
§11-23-10. Extension of Time for Filing Returns
§11-23-11. Time and Place for Paying Tax Shown on Returns
§11-23-12. Extensions of Time for Paying Tax
§11-23-13. Declaration and Payment of Estimated Tax
§11-23-14. Requirements Concerning Returns, Notices, Records and Statements
§11-23-15. Signing of Returns and Other Documents
§11-23-16. Place for Filing Returns or Other Documents
§11-23-17. Credits Against Tax; Expiration of Credits
§11-23-17b. Application of Tax Credits
§11-23-18. Tax Under This Article in Addition to All Other Taxes
§11-23-21. General Procedure and Administration
§11-23-25. Credit for Consumers Sales and Service Tax and Use Tax Paid