Utah Admin. Code 357-15a-104

Current through Bulletin 2024-18, September 15, 2024
Section R357-15a-104 - Form and Content of Application for a Targeted Business Income Tax Credit Eligibility

In addition to the plan developed by the business applicant outlined in Subsection 63N-2-304(2), the following content is required:

(1) company name;
(2) contact information including:
(a) applicant's physical address;
(b) telephone number; and
(c) email address;
(3) the anticipated years the business applicant is seeking to claim the targeted business income tax credit;
(4) the benchmarks of the community investment project and how they will be measured, tracked and reported;
(5) list of entities associated with the community investment project and their anticipated roles;
(6) letters of support from entities associated with the community investment project;
(7) timeline of the community investment project;
(8) detailed budget of the community investment project; and
(9) an employee list in a form prescribed by the office.

Utah Admin. Code R357-15a-104

Adopted by Utah State Bulletin Number 2019-22, effective 10/28/2019
Adopted by Utah State Bulletin Number 2020-08, effective 3/30/2020
Amended by Utah State Bulletin Number 2021-10, effective 5/10/2021