Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

I am a certified Empire Zone business and will qualify under the 5-year base period employment test. When can I start claiming my credits and sales tax exemptions?

April 26, 2017base Business certified Empire employment period qualify Test zone

0

Posted

I am a certified Empire Zone business and will qualify under the 5-year base period employment test. When can I start claiming my credits and sales tax exemptions?

1 Answer

0

Posted

Credits can be claimed for tax years beginning on or after January 1, 2001. The sales tax exemptions begin March 1, 2001. You must also meet an annual employment test to continue to claim the benefits.