W. Va. Code R. § 110-13X-6

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 110-13X-6 - Forfeiture of credit

6.1. If an eligible company fails to begin production within the time specified in the application or in this rule, the eligible company forfeits the right to claim any tax credit for the approved qualified project. The forfeiture does not preclude the eligible company from resubmitting an application for the same project at a future date.