• Revenue Ruling 29-88-3, Employment Increase (8/8/88)

A taxpayer engaged in a qualifying business does not meet the increased employment requirement for tax incentives under the Employment Expansion and Investment Incentive Act unless the taxpayer actually increases the average employment of such business by two full-time employees.

• Revenue Ruling 29-90-1, Short Period Returns (12/26/90)

Under the Employment Expansion and Investment Incentive Act, the qualified employee calculation must be modified for a short period return. However, the qualified investment calculation is not modified for a short period return.

• Revenue Ruling 29-90-2, New Location (1/3/91)

Under the Employment Expansion and Investment Incentive Act, the calculation of employment and investment must be determined based on the taxable years of the company as a whole. A new location which begins business during the taxable year must report employment and investment levels based on the taxable year of the existing locations.

• Revenue Ruling 29-96-1, Personal Property Tax Exemption (9/24/96)

The term "business location" used in section 77-27,189 means one continuous parcel of real property or two or more parcels of real property that are contiguous.

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