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Time Benefit Reference Line
Employment and Investment Growth Act, LB 775
Project with Maximum Allowable Timeframes
Back to LB 775 Information
| Facts: |
- Application filed September 27, 1998.
- Application filed for a $3,000,000 and 30 employee project for a new manufacturing facility.
- Applicant has a December 31 federal tax year end. There are no short tax years.
- Applicant reaches the $3,000,000 and 30 employee level in tax year end December 31, 2004.
- The taxpayer maintained the required levels of employment and investment for the entitlement period.
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Base year
(1/1/97 - 12/31/97) |
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Direct refunds
(9/27/98 - 12/31/10) |
Attainment period
(9/27/98 - 12/31/04) Maximum Allowable Time |
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Credit refunds (must be sufficient credits from prior year)
(1/1/05 - 12/31/18) |
Entitlement period
(1/1/04 - 12/31/10) |
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Credit use for income tax (must be sufficient credits at end of year)
(1/1/04 - 12/31/18) |
Carryover period
(1/1/11 - 12/31/18) |
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