Enlarge image | DR 0078 (07/25/14) *140078==19999* COLORADO DEPARTMENT OF REVENUE Denver, CO 80261-0005 Application for Extended Enterprise Zone Tax Credits in Terminated Enterprise Zone Area Joint Certification by Taxpayer and Enterprise Zone Administrator I. Enterprise Zone Date termination of this area officially announced: (MM/DD/YY) Effective date of termination of this zone area: (MM/DD/YY) II. Corporation or Last Name First Name Middle Initial Colorado Account Number SSN or FEIN Mailing Address City State Zip Contact Person's Last Name First Name Middle Initial Location of Enterprise Zone Facility City State Zip Date Established/Acquired/Planned to be Established by Taxpayer (MM/DD/YY) Phone Number ( ) III. Describe business planning documentation in place prior to the announcement of the zone termination (do not attach; retain with your tax records and send only if specifically requested by the Department): Real estate Plant or equipment Permit applications (zoning, building, acquisition plans purchasing specifications environmental, etc.) Utility service applications Financing plans Other If other, please describe IV. Planned Activity Eligible for Enterprise Zone Tax Credits through ten years following termination of zone. Amount of Tax Credit Cumulative For each applicable credit, first list only the planned and cumulative total amounts Planned when requesting the certification. Then, complete the areas to designate the year and Investment, Total Anticipated amount of each credit claimed. Jobs, etc. Tax Credits Contribution to enterprise zone administrator credit $ $ Year (YYYY) Credit Claimed Investment tax credit $ $ Year (YYYY) Credit Claimed Job training tax credit $ $ Year (YYYY) Credit Claimed |
Enlarge image | *140078==29999* New business facility (NBF) employee credit $ Year (YYYY) Credit Claimed Agricultural processing NBF employee credit $ Year (YYYY) Credit Claimed NBF employee health insurance credit $ Year (YYYY) Credit Claimed V. Joint Certification by Taxpayer and Enterprise Zone Administrator We hereby certify to the Colorado Department of Revenue that the information provided herein is true and correct to the best of our knowledge. Taxpayer Signature Title Date (MM/DD/YY) Enterprise Zone Administrator Signature Date (MM/DD/YY) |
Enlarge image | DR 0078 Instructions A taxpayer may request an extension of enterprise zone Extended credits are available only to the taxpaying entity tax credits in: that existed in the enterprise zone and filed the application • a terminated enterprise zone area for up to 10 tax years, for the extended credits. There is no provision for the and transfer of those credits to a subsequent related entity. • a terminated enhanced rural enterprise zone area for up to 5 years Nothing in this certification shall be construed to grant tax following the termination year. The taxpayer must jointly benefits that have been repealed by the general assembly certify with the zone administrator that plans were in place or to grant tax benefits in excess of the limits established for job creation, investment in job training programs, or by law. capital expansion before the announcement of the zone Section IV: When first filing this form to request termination. Detailed business planning documentation certification, information is required for each tax credit supporting the planned investment and job increases must that is expected to be claimed during the extended credit be kept with your tax records and supplied to the zone period. Provide the cumulative total of the amount of administrator or the Department of Revenue upon request. investment, job training program expenditures, or number [C.R.S. 39-30-103(6)(a)] of NBF employees that will qualify for the credit and the Submit this form and a summary of the business plan to cumulative total of the anticipated tax credits over the next the local enterprise zone administrator. Upon review and five or ten year extension period. If the five-year extension approval, the zone administrator will sign the certification is claimed for the enhanced rural enterprise zone credit, form and return it to the mailing address provided. write "enhanced" after the name of the credit. Retain the certified form with your tax records. For any year When preparing your tax return each year during the five in which credits are earned and claimed the form must be or ten year extended period, provide the tax year and updated and, along with Form DR 0074, submitted to the the amount of the credit that is actually claimed during local enterprise zone administrator for certification. The that year in the boxes provided below each credit. The zone administrator will return the certified forms, which cumulative total of each tax credit claimed during the must be filed with your Colorado income tax return. For tax extension period can not exceed the amount originally years 2012 and after, any enterprise zone credit must be certified in the cumulative total column. claimed on an electronically filed return. Please see the DR 1366 form for more details. Colorado Department of Revenue Denver, CO 80261-0005 Telephone 303-238-SERV(7378) Taxation Web site: www.TaxColorado.com Colorado Office of Economic Development and International Trade 1625 Broadway, Suite 2700 Denver, CO 80202 Telephone 303-892-3840 For a list of Zone Administrators and their contact information, visit: www.AdvanceColorado.com/EZ |