§11-13LL-5. Qualified Manufacturing Investment
(a) General. The qualified manufacturing investment is the applicable percentage of the cost of property purchased for manufacturing investment, which is placed in service or use in this state, by the eligible taxpayer during the taxable year. (b) Applicable percentage. (1) For the purposes of subsection (a) of this section, the applicable percentage for any […]
§11-13LL-1. Short Title
This article may be cited as the “West Virginia Industrial Advancement Act.”
§11-13LL-2. Legislative Findings and Purpose
The Legislature finds that the location of new labor and capital intensive heavy industrial facilities in this state, and the expansion, growth and revitalization of labor and capital intensive heavy industrial facilities in this state is in the public interest and promotes the general welfare of the people of this state.
§11-13LL-3. Definitions
(a) Any term used in this article has the meaning ascribed by this section unless a different meaning is clearly required by the context of its use or by definition in this article. (b) For purpose of this article, the term: (1) “Combined group” means a combined group as defined in 11-24-3a of this code […]