Section 11-13EE-8 - Identification of capital investment propertyEvery taxpayer who claims credit under this article shall maintain sufficient records to establish the following facts for each item of qualified investment property:
(2) Its actual or reasonably determined cost;(3) Its useful life for federal income tax purposes;(4) The month and taxable year in which it was placed in service;(5) The amount of credit taken; and(6) The date it was disposed of or otherwise ceased to be qualified investment property.Added by 2020 Acts, ch. 335 (HB 4439), eff. 6/5/2020.