Enlarge image | SCHEDULE APPLICATION FOR SAAM-A WV TAX CREDIT FOR FEDERAL EXCISE TAX IMPOSED UPON West Virginia State Tax Department REV10/2021 SMALL ARMS AND AMMUNITION MANUFACTURERS (FOR PERIODS ON OR AFTER JULY 1, 2021) NOTE: AN APPLICATION MUST BE FI LED FOR EACH YEAR IN WHICH INVESTMENT FOR PURPOSE OF THIS TAX CREDIT IS PLACED IN SERVICE OR USE. ADDITIONALLY, THE APPLICATION MUST BE APPROVED BY THE STATE TAX COMMISSIONER BEFORE ANY CREDIT MAY BE CLAIMED SECTION A: BUSINESS IDENTIFICATION 1 FEIN WV TAX ID TAX PERIOD 2 BEGINNING ENDING MM DD YYYY MM DD YYYY BUSINESS NAME 3 TAXPAYER NAME 4 SECTION B: INVESTMENT INFORMATION 5 INVESTMENT PURPOSE INDUSTRIAL EXPANSION INDUSTRIAL REVITALIZATION BOTH INDUSTRIAL (CHECK ONLY 1) EXPANSION AND REVITALIZATION A) BUSINESS ACTIVITY IN WEST VIRGINIA: NORTH AMERICAN INDUSTRY CLASSIFICATION SYSTEM CODE (NAICS) B) NARRATIVE DESCRIPTION OF BUSINESS ACTIVITY IN WEST VIRGINIA 6 7 INVESTMENT YEAR TOTAL INVESTMENT QUALIFIED AMOUNT $ INVESTMENT $ LOCATION(S) OF 8 INVESTMENT IN WEST VIRGINIA GENERAL DESCRIPTION OF QUALIFIED INVESTMENT (NARRATIVE): 9 SECTION C: ADDITIONAL REQUIRED INFORMATION PAYROLL JOBS 10 A) TOTAL WV PAYROLL AND NUMBER OF JOBS PRIOR TO INVESTMENT B) TOTAL WV PAYROLL AND NUMBER OF JOBS THIS YEAR A) PERCENTAGE OF EMPLOYEES COVERED UNDER HEALTH PLANS: % B) AVERAGE ANNUAL HEALTH PLAN BENEFIT COSTS PER EMPLOYEE: 11 C) PERCENTAGE OF EMPLOYEES COVERED UNDER RETIREMENT PLAN: % D) AVERAGE ANNUAL RETIREMENT BENEFIT COST PER EMPLOYEE: SECTION D: COMPUTATION OF QUALIFIED INVESTMENT ITEMIZED LISTING OF INVESTMENTS REQUIRED INVESTMENTS THIS YEAR A B C NET COST RATE ALLOWABLE COST 1 INVESTMENT WITH USEFUL LIFE OF 33 ⅓% AT LEAST 4 YEARS BUT LESS THAN 6 YEARS 2 INVESTMENT WITH USEFUL LIFE OF 66 ⅔% AT LEAST 6 YEARS BUT LESS THAN 8 YEARS 3 INVESTMENT WITH USEFUL LIFE OF 8 YEARS OR MORE 100% 4 TOTAL QUALIFIED INVESTMENT FOR THIS TAX YEAR (SUM OF COLUMN C) SIGNATURE Under penalties of perjury, I declare that I have examined this credit claim form (including accompanying schedules and statements) and to the best of my knowledge it is true and complete. SIGNATURE OF TAXPAYER NAME OF TAXPAYER (PRINT OR TYPE) TITLE DATE SIGNATURE OF PREPARER OTHER THAN TAXPAYER ADDRESS DATE PERSON TO CONTACT CONCERNING THIS RETURN TELEPHONE - 1 - |
Enlarge image | SCHEDULE SAAM-A (continued) INVESTMENT LISTING (USE ADDITIONAL SHEETS IF NECESSARY) NAME OR DESCRIPTION OF ITEM PURPOSE DATE ACQUIRED/ USEFUL NET COST (LIST SEPARATELY) PLACED IN SERVICE LIFE - 2 - |