West Virginia § 11-13X-4 Creation of the tax credit

West Virginia Statutes

§ 11-13X-4 — Creation of the tax credit

West Virginia § 11-13X-4

Ch. 11TAXATION

Art. 13XWEST VIRGINIA FILM INDUSTRY INVESTMENT ACT

This text of West Virginia § 11-13X-4 (Creation of the tax credit) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 11-13X-4 (2026).

Text

(a)An eligible company may apply for, and the Tax Commissioner shall allow, a nonrefundable tax credit in an amount equal to the percentage specified in §11-13X-5 of this code of:

(1)Direct production expenditures incurred in West Virginia that are directly attributable to the production in West Virginia of a qualified project which expenditures occur in West Virginia or with a West Virginia vendor; and

(2)Postproduction expenditures incurred in West Virginia that are:

(A)Directly attributable to the production of a qualified project; and

(B)For services performed in West Virginia.

(b)Expenditures utilized by an eligible company for purposes of calculating the tax credit authorized by this article shall in no event be utilized by the eligible company for the purpose of calculati

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(a) An eligible company may apply for, and the Tax Commissioner shall allow, a nonrefundable tax credit in an amount equal to the percentage specified in §11-13X-5 of this code of:

(1) Direct production expenditures incurred in West Virginia that are directly attributable to the production in West Virginia of a qualified project which expenditures occur in West Virginia or with a West Virginia vendor; and

(2) Postproduction expenditures incurred in West Virginia that are:

(A) Directly attributable to the production of a qualified project; and

(B) For services performed in West Virginia.

(b) Expenditures utilized by an eligible company for purposes of calculating the tax credit authorized by this article shall in no event be utilized by the eligible company for the purpose of calculating or qualifying investment for claiming the economic opportunity tax credit authorized by §11-13Q-1et seq. of this code or the manufacturing investment tax credit authorized by §11-13S-1et seq. of this code.