Washington Code 82.62.045 – Tax credits for eligible business projects in designated community empowerment zones
Current as of: 2023 | Check for updates
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(1) For the purposes of this section “eligible area” also means a designated community empowerment zone approved under RCW 43.31C.020.
Terms Used In Washington Code 82.62.045
- person: may be construed to include the United States, this state, or any state or territory, or any public or private corporation or limited liability company, as well as an individual. See Washington Code 1.16.080
(2) An eligible business project located within an eligible area as defined in this section qualifies for a credit under this chapter for those employees who at the time of hire are residents of the community empowerment zone in which the project is located, if the fifteen percent threshold is met. As used in this subsection, “resident” means the person makes his or her home in the community empowerment zone. A mailing address alone is insufficient to establish that a person is a resident for the purposes of this section.
(3) All other provisions and eligibility requirements of this chapter apply to applicants eligible under this section.
NOTES:
Application—Effective date—2007 c 485: See notes following RCW 82.62.020.
Findings—Intent—Part headings and subheadings not law—Effective date—Severability—1999 c 164: See notes following RCW 43.160.010.