How are base period wages determined?
1) In the case of a taxpayer other than a pass through entity, wages paid or payable by a taxpayer to its employees during the year that ends on the last day of the month that immediately precedes the month in which an enterprise zone is established, to the extent that the wages would have been qualified wages if the enterprise zone had been in effect for that year. If the taxpayer did not engage in an active trade or business during that year in the area that is later designated as an enterprise zone, then the base period wages equal zero (0). If the taxpayer engages in an active trade or business during only part of that year in an area that is later designated as an enterprise zone, then the department shall determine the amount of base period wages. Example: If the enterprise zone was established February 1, 1993, base period wages are determined by the qualified wages paid to employees during the previous 12 months (February 1, 1992 January 31, 1993). 2) In the case of a taxpayer
