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WV
Manufacturing Investment Credit
Provides West Virginia tax credits based on qualified investment in eligible manufacturing property.
About this program
The Manufacturing Investment Credit allows qualifying manufacturing businesses to offset up to 60% of corporate net income tax based on qualified investment in eligible manufacturing property. The incentive is available without a new job creation requirement and is designed to reduce the cost of manufacturing capital investment in West Virginia.
Eligibility
Eligible applicants are businesses with qualifying manufacturing activity and qualified investment in eligible manufacturing property in West Virginia.
Requirements
- Business must be engaged in eligible manufacturing activity.
- Investment must be made in eligible manufacturing property.
- Qualified property and investment must be located in West Virginia.