Regulation .03 Applications for Certificate of Eligibility for Tax Credit.
Regulation .03 Applications for Certificate of Eligibility for Tax Credit.LinkCopy Citation
A.
Biotechnology Investment Incentive Tax Credit Application. To claim eligibility for a tax credit and to be initially certified as eligible for a tax credit, an applicant shall submit to the Department, not less than 30 days before making an investment in a qualified Maryland biotechnology company, an application on a form approved by the Department.
B.
An applicant may not file an application earlier than June 1 of the State fiscal year immediately preceding the State fiscal year in which the applicant intends to make the investment and claim eligibility for a tax credit.
C.
Each application shall include the following:
(1)
The legal name of the applicant;
(2)
The street address of the principal place of business of the applicant, or the street addresses of the principals of the applicant, and the applicant’s email address and telephone number;
(3)
Except in the case of an individual applicant, the business mailing address, telephone number, and email address of an individual with authority to act on behalf of the applicant;
(4)
The federal employer identification number of the applicant or, if the applicant is an individual, the Social Security number of the applicant; and
(5)
Any other information required or requested by the Department.