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Documents 11 - 20 of about 6,487 matching the query, best matches first.
And it cost the state $10 million a year in taxes that otherwise would have been collected. Analyst Mark Muchow said the capital credit program basically offered the wealthy another tax shelter. "The program has not provided a great... Published: Saturday, August 25, 1990 Words: 277
assistance. The study, commissioned by a publication called Financial World, rated the state so highly because of offers of super-tax credits, grants of up to $1,000 per employee for training, and low-interest loans. There are also... Published: Monday, October 30, 1995 Words: 765
taxcredit program and let the public know who is getting what. Caperton's proposed law will split the coal industry, just as the supertaxcredit program has. Some industry executives want to open the books. Others, such as Gary White... Published: Sunday, May 27, 1990 Words: 3046
Legislators amended the supertaxcredit act in 1986, making it easier for coal companies and smaller companies to get credits. A. company could write off a portion of its taxes based on how many jobs it created. By creating 50 new... Published: Sunday, May 27, 1990 Words: 209
the state's bedrock industry. Caperton's minimum, mandatory 50-cent severance tax would, in effect, repeal part of the supertaxcredit. Severance taxes are 5. percent of coal's selling price. If a ton of coal sells for $20, the tax... Published: Sunday, August 26, 1990 Words: 2090
There's no legal reason coal operators can't pass some of their supertaxcredit savings on to power companies and consumers, a state Public Service Commission utility analyst said Wednesday. Darrell Preece, who works in the PSC's... Published: Thursday, May 28, 1992 Words: 399
West Virginia's supertaxcredit burden will get worse before it gets better - peaking at losses of more than $70 million a year by the mid-1990s, lawmakers learned Sunday. In 1990, the Legislature revised the tax write-off program... Published: Monday, September 09, 1991 Words: 422
tax are down to about half of what they are usually, and some attribute the loss to a dip. in coal prices and to the state's supertaxcredit for coal companies Tax revenues of $2.017 million were distributed to cities and. counties... Published: Thursday, June 21, 1990 Words: 340
legislation to eliminate a loophole that is allowing coal companies to take more than $40 million yearly in tax write-offs. The SuperTaxCredit, passed by legislators in 1985, allows companies to avoid paying business taxes, such as... Published: Friday, February 02, 1990 Words: 580
STAFF WRITER The slow fadeout of the SuperTaxcredit is under way, the director of the research division of the state Department of Tax and Revenue said Wednesday. Although SuperTax credits claimed in 1995 returns increased by nearly... Published: Thursday, July 31, 1997 Words: 540
