Corporate Headquarters Tax Credit (West Virginia)
Last modified on February 12, 2015.
|Applies to States or Provinces||West Virginia|
|Name||Corporate Headquarters Tax Credit (West Virginia)|
|Policy Category||Financial Incentive|
|Policy Type||Corporate Tax Incentive|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy|
|Program Administrator||West Virginia Economic Development Authority|
The Corporate Headquarters Tax Credit is available to companies who relocate their corporate headquarters to West Virginia and create 15 new jobs. The credit can offset up to 100% of the tax liability for business and occupation tax, business franchise tax, corporate net income tax, and personal income tax on certain pass-through income for up to 13 years.
|Department||West Virginia Department of Commerce|
|Division||Taxpayer Services Division|