2005-2006 Corporate Income Tax Technical Bulletins

Index

A B C D E F G H I J L M N O P R S T V W

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T

TAXATION

Electronic funds transfer

   Payment by (105-241(b))…………………..   I.B.2., IV.G., V.C.3., VII.I., VIII.B.

Overdue tax debt

   Collection (105-243.1) ………………………………………………..   VIII.C.10.

Payment

   Electronic funds transfer (105-241(b)) ………………………………….. VIII.B.

 

TAX CREDITS

Business and energy tax credits ……………………………………………    III.C.

   Credit for constructing renewable fuel facilities …………………………   III.C.5.

      Dispensing credit ……………………………………………………   III.C.5.b.

      No double credit …………………………………………………….   III.C.5.d.

      Production credit …………………………………………………….   III.C.5.c.

      Renewable fuel defined ……………………….……………………..   III.C.5.a.

      Sunset ………………………………………………………………..   III.C.5.e.

   Credit for investing in business property ………………………………...   III.C.2.

      Credit ………………………………………………………………...   III.C.2.a.

      Expiration of credit ………………………………………………….   III.C.2.b.

   Credit for investing in non-hazardous dry cleaning equipment ………….   III.C.4.

      Credit …………………………………………….…………………..   III.C.4.a.

      Hazardous solvent …………………………….……………………..   III.C.4.c.

      Qualified equipment …………………………………………………   III.C.4.b.

      Restrictions …………………………………………………………..   III.C.4.d.

      Substantiation ………………………………………………………..   III.C.4.e.

   Credit for investing in renewable energy property ………………………  III.C.3.

      Cap on credit ………………………………………………………..            III.C.3.b.

      Credit ………………………………………………………………...   III.C.3.a.

      Credit availability ……………………………………………………   III.C.3.e.

      Eligible renewal energy property ……………………………………   III.C.3.c.

      Expiration of credit ………………………………………………….   III.C.3.d.

   General information ……………………………………………………...   III.C.1.

      Cap on credit ……………………………………….………………..   III.C.1.b.

      Credit carryforward ………………………………………………….   III.C.1.c.

      Forms ………………………………………………………………...   III.C.1.e.

      Franchise, income, gross premium tax election ……………………..   III.C.1.a.

      Substantiation ………………………………………………………..   III.C.1.d.

General tax credits …………………………………………………………. III.A.

   Credit for certain telephone subscriber line charges …………………….   III.A.8.

      Cap on credit ……………………………….………………………..   III.A.8.c.

      Credit ………………………………………………………………..   III.A.8.a.

      Restrictions ………………………………………………………….   III.A.8.b.

   Credit for conservation tillage equipment ……………………………….   III.A.6.

      Basis reduction ………………………………………………………. III.A.6.f.

      Cap on credit. ………………………………………………………..   III.A.6.c.

      Carryforward  ………………………………………………………..   III.A.6.e.

      Conservation tillage equipment defined …………………………….   III.A.6.b.

      Credit ………………………………………………………………..   III.A.6.a.

      Restrictions ………………………………………………………….   III.A.6.d.

   Credit for construction of cogenerating power plant ……………………   III.A.3.

      Alternative method ………………………………………………….   III.A.3.c.

      Application …………………………………………………………..   III.A.3.d.

      Ceiling ……………………………………………………………….   III.A.3.e.

      Cogenerating power plant defined …………………………………..   III.A.3.b.

      Credit ………………………………………………………………...   III.A.3.a.

   Credit for construction of renewable energy equipment facility ………...   III.A.4.

      Cap on credit ……………………………………….………………..   III.A.4.c.

      Credit ………………………………………………………………..   III.A.4.a.

      Renewal energy equipment ………………………………………….   III.A.4.b.

      Restrictions ………………………………………………………….   III.A.4.d.

   Credit for dwelling units for handicapped persons ………………………  III.A.2.

      Carryforward ………………………………………………………...   III.A.2.b.

      Credit ………………………………………………………………..   III.A.2.a.

      Eligibility ……………………………………………………………   III.A.2.c.

      Substantiation ……………………………………………………….   III.A.2.d.

   Credit for gleaned crops …………………………………………………   III.A.7.

      Cap on credit …………………………………………………………   III.A.7.c.

      Carryforward …………………………………….………………….   III.A.7.d.

      Credit ………………………………………………………………...   III.A.7.a.

      Definitions …………………………………………………………..   III.A.7.b.

         Gleaning …………………………………………………………   III.A.7.b.i.

         Market price …………………………………………………….   III.A.7.b.ii.

         Nonprofit organization …………………………………………   III.A.7.b.iii.

      Restrictions ………………………………………………………….   III.A.7.e.

   Credit for manufacturing cigarettes for exportation ……………………   III.A.12.

      Credit ……………………………………………………………….   III.A.12.a.

      Limitations and carryforward ………………………………………   III.A.12.c.

      No double credit ……………………………………………………   III.A.12.d.

      Substantiation ………………………………………………………   III.A.12.b.

      Sunset ………………………………………………………………   III.A.12.e.

   Credit for manufacturing cigarettes for exportation while increasing

      employment and utilizing State ports ……………………………..   III.A.13.

      Carryforward ……………………………………………………….   III.A.13.g.

      Ceiling …………………………………………….………………..   III.A.13.f.

      Credit ……………………………………………………………….   III.A.13.a.

      Definitions ………………………………………………………….   III.A.13.b.

         Employment level ………………………………………………   III.A.13.b.i.

         Exportation …………………………………………………….   III.A.13.b.ii.

         Full-time job …………………………………………………..   III.A.13.b.iii.

         Successor in business …………………………………………   III.A.13.b.iv.

      Employment level ………………………………………………….   III.A.13.c.

      No double credit …………………………………………………….   III.A.13.i.

      Reduction of credit …………………………………………………   III.A.13.d.

      Reports ………………………………………….…………………..   III.A.13.j.

      Substantiation ……………………………….……………………...   III.A.13.h.

      Sunset ………………………………………………………………   III.A.13.k.

      Tax election ………………………………………………………...   III.A.13.e.

   Credit for poultry composting facility …………………………………. III.A.11.

      Credit ……………………………………………………………….   III.A.11.a.

      Limitations and carryforward …………….………………………..   III.A.11.b.

   Credit for qualifying expenses of a production company ………………   III.A.14.

      Credit ……………………………………………………………….   III.A.14.a.

      Credit refundable ………………………………………………….   III.A.14.h.

      Definitions …………………………………………………………   III.A.14.b.

         Feature film ………………………………….………………..   III.A.14.b.iv.

         Highly compensated individual ………………………………..   III.A.14.b.ii.

         Live sporting event …………………………………………….   III.A.14.b.v.

         Production company ………………………………………….   III.A.14.b.iii.

         Qualifying expenses ……………………………………………   III.A.14.b.i.

      Limitations ………………………………………………………….   III.A.14.i.

      No double benefit ………………………………………………….   III.A.14.k.

      Pass-through entity …………………………………………………   III.A.14.f.

      Qualifying expenses for compensation and wages ………………...   III.A.14.c.

      Qualifying expenses for goods ……………………………………..   III.A.14.e.

      Qualifying expenses for services …………………………………...   III.A.14.d.

      Return ………………………………………………………………   III.A.14.g.

      Substantiation ………………………………………………………   III.A.14.j.

      Sunset ……………………………………………………………….   III.A.14.l.

   Credit for real property donated for conservation purposes …………….. III.A.5.

      Carryforward …………………………………………….…………..   III.A.5.d.

      Credit ………………………………………………………………...   III.A.5.a.

      Eligible property interest …………………………………………….   III.A.5.b.

      Limitations …………………………………………………………..   III.A.5.e.

      Substantiation ………………………………………………………..   III.A.5.c.

   Credit for supervisory fees paid by savings and loan associations ……..   III.A.10.

      Cap on credit ……………………………………………………….   III.A.10.b.

      Credit ……………………………………………………………….   III.A.10.a.

      Restrictions …………………………………………………………   III.A.10.c.

   Credit for use of North Carolina ports ………………….……………….. III.A.9.

      Credit ………………………………………………………………...   III.A.9.a.

      Limitations and carryforward ……………………………………….   III.A.9.b.

      Substantiation ………………………………………………………. III.A.9.c.

   General information ……………………………………………………..   III.A.1.

      Forms ………………………………………………………………..   III.A.1.b.

      Franchise, income, or gross premium tax election ………………….   III.A.1.a.

Historic rehabilitation tax credits ………………………………………….   III.E.

   Credit for rehabilitating income-producing historic structure ……………   III.E.2.

      Allocation ……………………………………………………………   III.E.2.b.

      Credit ………………………………………………………………...   III.E.2.a.

      Exceptions to forfeiture ………………………….…………………..   III.E.2.e.

      Forfeiture for change in ownership …………………………………. III.E.2.d.

      Forfeiture for disposition ……………………………………………. III.E.2.c.

      Liability from forfeiture ……………………………………………...   III.E.2.f.

      Substantiation ………………………………………………………. III.E.2.g.

   Credit for rehabilitating non-income-producing historic structure ………   III.E.3.

      Credit ……………………………………………………….………..   III.E.3.a.

      Eligibility …………………………………………………………….   III.E.3.b.

      Substantiation ………………………………………………………..   III.E.3.c.

   General information ………………………………………….…………..   III.E.1.

      Credit limitations …………………………………………………….   III.E.1.b.

      Forms ……………………………………………………….………..   III.E.1.c.

      Tax credited …………………………………………………………          III.E.1.a.

Low-income housing tax credits ……………………………………………      III.F.

   Credit for low-income housing awarded a federal credit allocation before

         January 1, 2003 ………………………………………….…………..   III.F.1.

      Allocation …………………………………………………………….   III.F.1.f.

     Cap on credit and carryforward provisions ………………………….   III.F.1.d.

      Computation of credit ………………………………………………..   III.F.1.b.

      Credit ………………………………………………………………… III.F.1.a.

      Expiration …………………………………………………………….   III.F.1.i.

      Forfeiture for change in ownership …………………………………..   III.F.1.k.

      Forfeiture for disposition ……………………………………………. III.F.1.j.

      Franchise, income or gross premiums tax election ………………….   III.F.1.c.

      Liability from forfeiture ………………………………………………   III.F.1.l.

      Qualified building ……………………………………………………   III.F.1.g.

      Special provision …………………………………………………….   III.F.1.h.

      Timing of credit …………………………………….………………..   III.F.1.e.

   Credit for low-income housing awarded a federal credit on or after

         January 1, 2003 ……………………………………………………...   III.F.2.

      Credit ………………………………………………………………… III.F.2.a.

      Definitions ………………………………………….………………..   III.F.2.b.

         Qualified allocation plan …………………………………………   III.F.2.b.i.

         Qualified North Carolina low-income housing development …...   III.F.2.b.ii.

         Qualified residential unit ………………………………………..   III.F.2.b.iii.

      Developments and amounts ………………………………………….   III.F.2.c.

      Election of method for receiving tax credit ………………………….   III.F.2.d.

      Exception when no carryover ………………………………………..   III.F.2.e.

      Forfeiture …………………………………………………………….   III.F.2.h.

      Liability from forfeiture ………………………………………………   III.F.2.i.

      Pass-through entity ………………………………………….………..   III.F.2.f.

      Return and payment ………………………………………………….   III.F.2.g.

   Substantiation …………………………………………………………….   III.F.3.

   Sunset ……………………………………………………………………..   III.F.4.

Quality jobs and business expansion credits ………………………………   III.B.

   Credit for creating jobs …………………………………………………..   III.B.4.

      Credit amount ………………………………………………………..   III.B.4.c.

      Eligibility …………………………………………………………….   III.B.4.a.

     Expiration ……………………………………………………………   III.B.4.e.

      Movement of jobs ……………………………………………………   III.B.4.f.

      Planned expansion …………………………………………………..   III.B.4.g.

      Taking the credit …………………………………………………….   III.B.4.d.

      Terms used …………………………………………………………..   III.B.4.b.

         Creating a new full-time job ……………………………………..   III.B.4.b.i.

         Full-time job …………………………………………………….   III.B.4.b.ii.

         Location of a job ………………………………………………..   III.B.4.b.iii.

   Credit for development zone projects ………………………………….. III.B.11.

      Ceiling ………………………………………………………….…..   III.B.11.e.

      Credit amount ………………………………………………………   III.B.11.c.

      Eligibility …………………………………………………………...   III.B.11.a.

      Forfeiture ……………………………………………………………   III.B.11.f.

      Taking the credit ………………………………………….………..   III.B.11.d.

      Terms used …………………………………………………………   III.B.11.b.

         Control ………………………………………………………….   III.B.11.b.i.

         Development zone agency …………………………………….   III.B.11.b.ii.

         Improvement project ………………………………………….   III.B.11.b.iii.

   Credit for investing in central office or aircraft facility property ………..   III.B.9.

      Cost defined …………………………………………………………   III.B.9.b.

      Credit amount ………………………………………………………..   III.B.9.c.

      Eligibility …………………………………………………………….   III.B.9.a.

      Expiration …………………………………………………………….   III.B.9.f.

      Mixed use property ………………………………………………….   III.B.9.d.

      Taking the credit …………………………………………………….   III.B.9.e.

   Credit for investing in machinery and equipment ………………………. III.B.5.

      Credit amount ……………………………………………………… III.B.5.c.

      Eligibility ……………………………………………………………   III.B.5.a.

      Expiration ……………………………………………….……………   III.B.5.e.

      Movement to higher tier …………………………………………… III.B.5.f.

      Planned expansion …………………………………………………   III.B.5.g.

      Taking the credit …………………………………………………….   III.B.5.d.

      Terms used …………………………………………………………..   III.B.5.b.

         Cost ………………………………………………………………   III.B.5.b.i.

         Eligible machinery and equipment ……………………………..   III.B.5.b.ii.

         Machinery and equipment ……………………………….……..   III.B.5.b.iii.

   Credit for research and development …………………………………….   III.B.7.

      Credit amount ………………………………………………………..   III.B.7.c.

         Alternative research and development credit ………….………..   III.B.7.c.ii.

         General research and development credit ………………………..   III.B.7.c.i.

      Eligibility …………………………………………………………….   III.B.7.a.

      Taking the credit …………………………………………………….   III.B.7.d.

      Terms used …………………………………………………………..   III.B.7.b.

         Base amount and qualified research expenses …………………...   III.B.7.b.i.

         Code ……………………………………………………………..   III.B.7.b.ii.

   Credit for substantial investment in other property ……………………..   III.B.10.

      Credit amount ………………………………………………………   III.B.10.c.

      Eligibility …………………………………………………………...   III.B.10.a.

      Expiration …………………………………………………………...   III.B.10.f.

      Mixed use property ………………………………………….……..   III.B.10.d.

      Taking the credit ……………………………………………………   III.B.10.e.

      Terms used …………………………………………………………   III.B.10.b.

         Cost …………………………………………………………….   III.B.10.b.i.

         Property located in an enterprise tier one or two area …………   III.B.10.b.ii.

   Credit for technology commercialization ………………………………...   III.B.6.

      Credit amount ………………………………………………………..   III.B.6.c.

      Eligibility …………………………………………………………….   III.B.6.a.

      Taking the credit …………………………………………………….   III.B.6.d.

      Terms used …………………………………………………………..   III.B.6.b.

         Eligible machinery and equipment ………………………………   III.B.6.b.i.

         Research university ……………………………………………..   III.B.6.b.ii.

   Credit for worker training ……………………………………………….   III.B.8.

      Credit amount ………………………………………………………..   III.B.8.c.

      Eligibility …………………………………………………………….   III.B.8.a.

      Taking the credit …………………………………………………….   III.B.8.d.

      Terms used …………………………………………………………..   III.B.8.b.

         Eligible employee ………………………………………………..   III.B.8.b.i.

         Location of a job ………………………………………………...   III.B.8.b.ii.

   General administration ……………………….…………………………..   III.B.3.

      Advisory ruling …………………………………….………………..   III.B.3.h.

      Carryforward of unused credit ………………………………………   III.B.3.g.

         10-year carryforward for $50,000,000 investment ……………..   III.B.3.g.iii.

         15-year carryforward for research and development ……………   III.B.3.g.ii.

         20-year carryforward …………………………………………….   III.B.3.g.i.

      Change in ownership of business ……………………………………   III.B.3.d.

      Expiration ……………………………………………………………   III.B.3.b.

      Fees ………………………………………………………………….. III.B.3.j.

      Fifty-percent (50%) cap on credits ………………………………….. III.B.3.f.

      Forfeiture …………………………………………………………….   III.B.3.c.

         All credits ………………………………………………….……..   III.B.3.c.i.

         Eligible major industry enhancements ………………………….   III.B.3.c.vi.

         Large investment enhancements ………………………………...   III.B.3.c.v.

         Substantial investment in other property ……………………….   III.B.3.c.iii.

         Technology commercialization credit ………………………….   III.B.3.c.iv.

         Worker training …………………………………………………   III.B.3.c.ii.

      Forms ………………………………………………………………..   III.B.3.k.

      Overdue tax debts ……………………………………………………   III.B.3.l.

      Statute of limitations …………………………………………………   III.B.3.i.

      Sunset ………………………………………………………………..   III.B.3.a.

      Tax election ………………………………………………………….   III.B.3.e.

         All other credits …………………………………………………   III.B.3.e.ii.

         Technology commercialization credit ……………………………   III.B.3.e.i.

   General eligibility requirements …………………………………………   III.B.2.

      Eligible business types ………………………………………………   III.B.2.a.

         Determining primary activity at an establishment ………………   III.B.2.a.iii.

         Determining primary business …………………………………..   III.B.2.a.ii.

         Determining what jobs, investment, and activity qualify

            for credits …………………………………………………….   III.B.2.a.iv.

         Types ……………………………………………………………..   III.B.2.a.i.

            Air courier services or data processing ……………….……..   III.B.2.a.i.b.

            Central office or aircraft facility ……………………………..   III.B.2.a.i.a.

            Computer services or electronic mail order house …………..   III.B.2.a.i.d.

            Customer service center ……………………………………..   III.B.2.a.i.e.

            Manufacturing, warehousing, or wholesale trade ……………   III.B.2.a.i.c.

            Research and development ………………………………….   III.B.2.a.i.g.

            Warehousing at establishment ……………………………….   III.B.2.a.i.f.

      Environmental impact ……………………………………………….   III.B.2.d.

      Health insurance ……………………………………………………..   III.B.2.c.

         All other credits …………………………………………………   III.B.2.c.ii.

         Credit for creating jobs and credit for worker training …………..   III.B.2.c.i.

     Large investment enhancements ……………………………………..   III.B.2.f.

      No overdue tax ……………………………………………………… III.B.2.g.

      Occupational safety and health programs ……………………………   III.B.2.e.

      Wage standard ………………………………………………………. III.B.2.b.

         Wage standard calculations ……………………………………..   III.B.2.b.ii.

         Wage standard test ……………………………………………….   III.B.2.b.i.

            All other credits ……………………………………………...   III.B.2.b.i.d.

            Credit for creating jobs ………………………………………   III.B.2.b.i.a.

            Credit for substantial investment in other property ………….   III.B.2.b.i.c.

            Credit for worker training ……………………………….…..   III.B.2.b.i.b.

   General information ………………………………….…………………..   III.B.1.

      Credits available ……………………………………………………..   III.B.1.c.

      Overview …………………………………………………………….   III.B.1.b.

      Purpose ………………………………………………………………   III.B.1.a.

      Substantiation ………………………………………………………..   III.B.1.d.

Research and development tax credit …………………………………….. III.G.

   Credit for North Carolina research and development ……………………   III.G.3.

      Credit for North Carolina university research expenses …………….   III.G.3.b.

      Credit for qualified North Carolina research expenses …….………..   III.G.3.a.

   Definitions ……………………………………………………………….   III.G.2.

      North Carolina university research expenses ………………………..   III.G.2.a.

      Period of measurement …………………………………….………..   III.G.2.b.

      Qualified North Carolina research expenses ………………………...   III.G.2.c.

      Receipts ……………………………………………….……………..   III.G.2.d.

      Related person ………………………………………………………. III.G.2.e.

      Research university …………………………………………………..   III.G.2.f.

      Small business ………………………………………………………. III.G.2.g.

   General information ……………………………………………………...   III.G.1.

      Administration ………………………………………………………. III.G.1.a.

      Cap …………………………………………………………………..   III.G.1.c.

      Forms ………………………………………………………………...   III.G.1.e.

      Substantiation ……………………………………………………….   III.G.1.d.

      Sunset ………………………………………………………………..   III.G.1.f.

      Tax election ………………………………………………………….   III.G.1.b.

Tax incentives for major computer manufacturing facilities ……………     III.H.

   Credit for major computer manufacturing facility ………………………. III.H.4.

      Expiration ……………………………………………………………   III.H.4.f.

      Production factor …………………………………………………….   III.H.4.e.

      2005 taxable year ……………………………………………………   III.H.4.a.

      2006-2009 taxable years …………………………………………….   III.H.4.b.

      2010-2014 taxable years ……………………………………………. III.H.4.c.

      2015-2019 taxable years …………………………………………….   III.H.4.d.

   Definitions ……………………………………………………………….   III.H.2.

      Computer manufacturing …………………………………………… III.H.2.a.

     Facility ………………………………………………………………   III.H.2.b.

      Full-time job/full-time equivalent …………………….……………..   III.H.2.c.

      Increased employment level ………………………………….……..   III.H.2.d.

      Related entity ………………………………………………………..   III.H.2.e.

      Strategic partner …………………………………………….………..   III.H.2.f.

      Successor in business ………………………………………………..   III.H.2.g.

      Unit output …………………………………………………………..   III.H.2.h.

   Eligibility ………………………………………………….……………..   III.H.3.

      Determination by Secretary of Commerce ………………………….   III.H.3.a.

      Environmental impact ……………………………………………….   III.H.3.c.

      Health insurance …………………………………………………….   III.H.3.b.

      Overdue tax debts ……………………………………………………   III.H.3.e.

      Relationship with related entities and strategic partners ……………. III.H.3.f.

      Safety and health programs …………………………………………   III.H.3.d.

   General information ……………………………………………………...   III.H.1.

      Allocation ……………………………………………………………   III.H.1.b.

     Cap …………………………………………………………………..   III.H.1.c.

      Carryforward ………………………………………………….……..   III.H.1.e.

      Forfeiture ……………………………………………………………   III.H.1.g.

      Make up account …………………………………………………….   III.H.1.d.

      Substantiation ………………………………………………………..   III.H.1.f.

      Sunset ………………………………………………………………..   III.H.1.h.

      Tax election ………………………………………………………….   III.H.1.a.

Tax incentives for recycling facilities ……………………………………...   III.D.

   Credit for investing in large or major recycling facility …………………   III.D.2.

      Change in ownership of facility ……………………………………..   III.D.2.d.

      Credit ………………………………………………………………...   III.D.2.a.

      Credit carryforward ………………………………………………….   III.D.2.c.

      Forfeiture …………………………………………………………….   III.D.2.e.

      Limitations ……………………………………………….…………..III.D.2.f.

      Taxes credited ……………………………………………………….   III.D.2.b.

   Credit for reinvestment ………………………………………………….   III.D.3.

      Cap on credit …………………………………………….…………..   III.D.3.b.

      Credit ………………………………………………………………...   III.D.3.a.

      Reduction in credit …………………………………………………..   III.D.3.c.

      Refundable credit ……………………………………………………   III.D.3.e.

      Use of credited amount …………………………………….………..   III.D.3.d.

   General information …………………………………………….………..   III.D.1.

      Eligibility …………………………………………………………….   III.D.1.a.

         Large recycling facility ………………………………………….   III.D.1.a.ii.

         Major recycling facility ………………………………………….   III.D.1.a.i.

      Forfeiture …………………………………………………………….   III.D.1.d.

      Forms ………………………………………………………………..   III.D.1.b.

      Substantiation………………………………………………………..   III.D.1.c.

 

TAX INCENTIVES FOR NEW AND EXPANDING BUSINESSES

   (105-129.2 - 105-129.14)

Application for certification of eligibility

   Fees (105-129.6(a)) …………………………………………………….   III.B.3.j.

Assignment of enterprise factor to each county (105-129.3(b)) ………   III.B.1.b.

Burden of proving eligibility for credit and amount of credit

   (105-129.7(a)) ……………………………………………………………   III.B.2.

Cap on tax credits (105-129.5(b)) ……………………………………….   III.B.3.f.

Central administrative property investments (105-129.12(a)) …………   III.B.9.

   Credit for investments (105-129.12(a)) …………………………………. III.B.9.

      Expiration of credit (105-129.12(c)) ………………………………… III.B.9.f.

   Mixed use property (105-129.12(b)) …………………………………...   III.B.9.d.

Central office or aircraft property credit (105-129.12(a)) ………….….. III.B.9.

   Expiration (105-129.12(c)) ……………………………………………. III.B.9.f.

   Mixed use property (105-129.12(b)) …………………………………..   III.B.9.d.

Certification of eligibility

   Fees (105-129.6(a)) ……………………………………………………..   III.B.3.j.

Classification of enterprise tiers (105-129.3(a)) ………………………. III.B.1.b.

Creating jobs credit (105-129.8(a))

   Amount of credit, table (105-129.8(a)) …………………………………. III.B.4.

   Letter of commitment to create jobs, qualification for credit

      (105-129.8(d)) ………………………………………………………. III.B.4.g.

   Planned expansion, qualification for credit (105-129.8(d)) …………… III.B.4.g.

Definitions

   Credit for creating jobs (105-129.8)........………………………………   III.B.4.b.

      Creating a full-time job.................…………………………………   III.B.4.b.i.

      Full-time job.......................................…………………………….    III.B.4.b.ii.

      Location of a job..................................……………………………   III.B.4.b.iii.

   Credit for development zone projects (105-129.13).........…………….   III.B.11.b.

      Control.................................................……………………………    III.B.11.b.i.

      Development zone agency.......................………………………...    III.B.11.b.ii.

      Improvement project...........................…………………………..    III.B.11.b.iii.

   Credit for investing in central office or aircraft property

         (105-129.12) ……………………………………………………...   III.B.9.b.

      Cost............................................……………………………………..   III.B.9.b.

   Credit for investing in machinery and equipment (105-129.9) ………..   III.B.5.b.

      Cost..................................................………………………………..   III.B.5.b.i.

      Eligible machinery and equipment ………………………………..   III.B.5.b.ii.

      Machinery and equipment ………………………………………..   III.B.5.b.iii.

   Credit for research and development (105-129.10).....…………………   III.B.7.b.

      Base amount and qualified research expenses........………………...   III.B.7.b.i.

      Code............................................................………………………..   III.B.7.b.ii.

   Credit for substantial investment in other property (105-129.12A) ….   III.B.10.b.

      Cost............................................…………………………………..   III.B.10.b.i.

      Property located in an enterprise tier one or two area...………….   III.B.10.b.ii.

   Credit for technology commercialization (105-129.9A)...……………..   III.B.6.b.

      Eligible machinery and equipment..............……………….………..   III.B.6.b.i.

      Research university..............................…………………………….   III.B.6.b.ii.

   Credit for worker training (105-129.11)............………………………..   III.B.8.b.

      Eligible employee...................………………………………………   III.B.8.b.i.

      Location of a job.................………………………………………..   III.B.8.b.ii.

Development zone project credit (105-129.13(a))........…………………   III.B.11.

   Credit amount (105-129.13(a))...........………………………………...   III.B.11.c.

   Definitions (105-129.13(b))..........……………………………………  III.B.11.b.

   Eligibility (105-129.13(a))..............…………………………………..   III.B.11.a.

   Forfeiture (105-129.13(g))...........…………………………………….    III.B.11.f.

   Inapplicability of general eligibility requirements (105-129.4(f))..….    III.B.11.a.

   Limitations (105-129.13(d))................……………………………….    III.B.11.e.

   Total amount of credits allowed in calendar year (105-129.13(f))..….   III.B.11.e.

Election of tax against which credit claimed (105-129.5(a)) ………….   III.B.3.e.

Eligibility for credits

   Advisory opinion (105-129.4(g)) ………………………………………   III.B.3.h.

   Average wage, wage standard (105-129.4(b)) ……………………….   III.B.2.b.i.

   Change or reformulation

      New eligibility not created (105-129.4(e)) ………………………….   III.B.3.d.

   Conditions for determining (105-129.4(a)) ………………………………   III.B.2.

   Environmental impact

      Certification that taxpayer not subject action based on

         significant violations (105-129.4(b3)) …………………………….   III.B.2.d.

   Health insurance provided for positions for which credit

      claimed (105-129.4(b2)) ……………………………………………..   III.B.2.c.

   Large investments enhancements (105-129.4(b1)) …………………….   III.B.2.f.

   Occupational health and safety act violations

      Certification taxpayer not subject to action for (105-129.4(b4)) ……   III.B.2.e.

   Overdue tax debts (105-129.4(b6)) …………………………   III.B.2.g., III.B.3.l.

   Substantial investments in other property (105-129.4(b5)) …………… III.B.10.

   Types of businesses (105-129.4(a)) ……………………………………   III.B.2.a.

Enterprise tier

   Data to be used in designation (105-129.3(b1)) ………………………. III.B.1.b.

   Defined (105-129.3(a)) ……………………………………….………..   III.B.1.b.

   Development zone designation …………………………….…………..   III.B.1.b.

      Relationship with enterprise tiers (105-129.3A(c)) …………………   III.B.1.b.

   Enterprise factor assigned annually to each county (105-129.3(b)) …...   III.B.1.b.

   Exception

      Certain small counties (105-129.3(e)) ………………………………   III.B.1.b.

      Tier one and two areas (105-129.3(c)) ………………………………   III.B.1.b.

      Two-county industrial park (105-129.3(d)) …………………………   III.B.1.b.

   Exemption for Tier One Areas (105-129.3(c)) ………….……………..   III.B.1.b.

   Ranking of counties (105-129.3(b)) ……………………………………   III.B.1.b.

   Small counties (105-129.3(e)) …………………………………………   III.B.1.b.

   Two-county industrial park (105-129.3(d)) ……………………………   III.B.1.b.

Enterprise tier one or two area

   Substantial investment credit (105-129.12A) ………………………….   III.B.1.b.

Environmental impact

   Eligibility for credits

      Certification that taxpayer not subject action based on

         significant violations (105-129.4(b3)) …………………………….   III.B.2.d.

Existing business reformulating itself as another business

   New eligibility not created in succeeding business (105-129.4(e)) ……   III.B.3.d.

Expiration of credit (105-129.4(a2)) ……………………………………   III.B.3.b.

Fees for credits claimed (105-129.6(a)) ………………………………… III.B.3.j.

   When due (105-129.6(a1)) …………………………………………….. III.B.3.j.

Forfeiture of credit (105-129.4(d)) ……………………………………..   III.B.2.c.

Franchise tax

   Election of tax against which credit claimed (105-129.5(a)) ………….   III.B.3.e.

Health insurance provided for positions for which credit claimed

   Eligibility for credits (105-129.4(b2)) ………………………………… III.B.2.c.

Income tax

   Election for tax against which credit claimed (105-129.5(a)) …………   III.B.3.e.

Information required to be supplied to claim credit (105-129.7(a)) … III.B.1.d.

Inspection of records by Secretary of Revenue (105-129.7(a)) ………..   III.B.1.d.

Investing in machinery and equipment credit (105-129.9(a)) ………….   III.B.5.

   Applicable threshold amount, table (105-129.9(c)) ……………………   III.B.5.c.

   Eligible investment amount (105-129.9(b)) ……………………………   III.B.5.c

   Expiration of credit (105-129.9(d)) ……………………………………   III.B.5.e.

Job creation credit (105-129.8) …………………………………………..   III.B.4.

Large investment enhancements

   Eligibility (105-129.4(b1)) …………………………………………….. III.B.2.f.

   Forfeiture (105-129.4(d)) ………………………………………………   III.B.3.c.

Machinery and equipment investment credit (105-129.9) ……………... III.B.5.

New full-time job creation credit (105-129.8) ……….…………………..   III.B.4.

Occupational health and safety act violations

   Eligibility for credits

      Certification taxpayer not subject to action for (105-129.4(b4)) ……   III.B.2.e.

Other property, substantial investment in, credit (105-129.12A(a)) …. III.B.10.

   Expiration (105-129.12A(c)) ………………………………………….   III.B.10.f.

   Mixed use property (105-129.12A(b)) ……………………………….   III.B.10.d.

Ranking of counties according to enterprise factor (105-129.3(b)) …. III.B.1.b.

Research and development tax credit (105-129.10(a)) ………………….   III.B.7.

   Alternate credit (105-129.10(b)) …………………………………….   III.B.7.c.ii.

   Definitions (105-129.10(c)) …………………………………………… III.B.7.b.

Returns

   Information to be included (105-129.7(b)) …………………………….   III.B.1.d.

Sale, merger, acquisition or bankruptcy of business

   New eligibility not created in succeeding business (105-129.4(e)) ……   III.B.3.d.

Statute of limitations

   Claiming credit (105-129.5(d)) …………………………………………   III.B.3.i.

Technology commercialization credit (105-129.9A(a)) …………………   III.B.6.

   Eligible investment amount (105-129.9A(b)) ………………………….   III.B.6.a.

   Fifteen percent credit (105-129.9A(e)) ……………………...   III.B.6.a., III.B.6.c.

   Proof of eligibility (105-129.9A(c)) ……………………………………   III.B.6.a.

   Twenty percent credit (105-129.9A(d)) …………………….   III.B.6.a., III.B.6.c.

Types of businesses eligible for credit (105-129.4(a)) …………………   III.B.2.a.

Wage standard for eligibility for credit (105-129.4(b)) ……………….   III.B.2.b.

Work training credit (105-129.11(a)) …………………………………….   III.B.8.

   Amount (105-129.11(a)) ……………………………………………….   III.B.8.c.

   Eligibility (105-129.11(b)) ……………………………………………. III.B.8.a.

 

TAX REVIEW BOARD

   See APPEALS

 

TECHNOLOGY COMMERCIALIZATION CREDIT

Tax incentives for new and expanding businesses (105-129.9A) ………   III.B.6.

 

TEEN CENTERS

Exemption from amusement tax (105-40) …………………………………    VI.D.

 

THERMAL ELECTRIC EQUIPMENT MANUFACTURING FACILITY

Corporate income tax credit, construction (105-130.28) ……………….   III.A.4.

 

TOBACCO PRODUCTS TAX

Cigarette tax

   General provisions (105-113.5 - 105-113.33)

             See CIGARETTE AND TOBACCO PRODUCTS

 

TOBACCO RESERVE FUND

Cigarettes and tobacco products

   Enforcement of master settlement (105-113.4C)....……………………….  V.A.4.

 

TRUST COMPANIES

Privilege taxes

   Loan agency taxation

      Exemption of banks, etc. (105-88(b)) ………………………………….  VI.G.5.

 

TURKEYS

Poultry composting facilities

   Corporate income tax credit (105-130.44) ……………………………..   III.A.11.

 


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