What information should be provided with an investment tax credit application?
• The application, which should be signed and dated by an officer of the corporation; a descriptive narrative of the project; a spreadsheet detailing the assets to be claimed with a description of the asset, an explanation of how the asset fits into the manufacturing process, the date placed into service and the purchase price of the asset; and, if the application is being filed by a consultant on behalf of a taxpayer, a properly executed Power of Attorney allowing any questions or correspondence to go through the consultant (without a POA, any questions or correspondence will go through the taxpayer at the address / phone number provided on the application).
Related Questions
- Is an entity that completes the application for certification as a TNInvestco guaranteed an award of investment tax credit allocations?
- Will awards of investment tax credit allocations be made prior to the application deadline for certification as a TNInvestco?
- What information should be provided with an investment tax credit application?
