63-4401 Short Title
63-4402 Definitions
63-4403 Additional Income Tax Credit for Capital Investment
63-4404 Real Property Improvement Tax Credit
63-4405 Additional Income Tax Credit for New Jobs
63-4406 Limitations, and Other Provisions On Credits Against Income Taxes
63-4407 Recapture
63-4408 Sales and Use Tax Incentives — Rebates — Recapture
63-4409 Administration

Terms Used In Idaho Code > Title 63 > Chapter 44 - the Idaho Small Employer Incentive Act of 2005

  • Commission: means the Idaho state tax commission. See Idaho Code 63-4402
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Idaho income tax act: means chapter 30, title 63, Idaho Code. See Idaho Code 63-4402
  • Investment in new plant: means investment in new plant and building facilities that are:
Idaho Code 63-4402
  • New plant and building facilities: means facility or facilities, including related parking facilities, where employees are physically employed. See Idaho Code 63-4402
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • person: includes a corporation as well as a natural person;
    • Idaho Code 73-114
  • Project period: means the period of time beginning at a physical change to the project site or the first employment of new employees located in Idaho who are related to the activities at the project site, and ending when the facilities constituting the project are placed in service, but no later than December 31, 2030, and no longer than ten (10) years after the beginning. See Idaho Code 63-4402
  • Project site: means an area or areas at which new plant and building facilities are located and at which the tax incentive criteria have been or will be met and which are either:
    • Idaho Code 63-4402
  • Property: includes both real and personal property. See Idaho Code 73-114
  • Recapture period: means :
    • Idaho Code 63-4402
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
  • Tax incentive criteria: means a business entity meeting at a project site the requirements of subparagraphs (i) and (ii) of this paragraph. See Idaho Code 63-4402