Tax Credit Process:
1. Fill out the application by:
A. Carefully reading each question and provide accurate answers.
B. Submitting the required documentation to support your submission
C. Signing and submitting a letter of certification
which has been approved by the state as described in 63N-2-243. This is done by printing, completing, and signing the form, which is then submitted with the required documentation.
2. Eligibility will be confirmed and reviewed.
3. Dependent on eligibility, you will receive a tax credit certificate for qualifying expenditures. The Enterprise Zone Tax Credit is filed with your Utah State Income Tax.
4. If the amount of a tax credit under this section exceeds a business entity's tax liability under this chapter for a taxable year, the business entity may carry forward the amount of the tax credit exceeding the liability for a period that does not exceed three taxable years.
Please contact email@example.com, with any questions or concerns regarding the Enterprise Zone program. Please contact Jaron Janson, firstname.lastname@example.org, for technical assistance with this portal.