Regulation .05 Eligible Business Activities.
Regulation .05 Eligible Business Activities.LinkCopy Citation
A.
To qualify for a tax credit, a qualified business entity shall establish or expand a business facility in the State that is primarily engaged in one or more of the following qualifying activities:
(1)
Manufacturing;
(2)
Mining;
(3)
Transportation;
(4)
Communications;
(5)
Filmmaking;
(6)
Resort/recreational business (excluding adult entertainment);
(7)
Agriculture;
(8)
Forestry;
(9)
Fishing;
(10)
Research, development, or testing;
(11)
Biotechnology;
(12)
Computer programming, information technology, or other computer-related services;
(13)
Central financial, real estate, or insurance services;
(14)
The operation of central administrative offices or a company headquarters;
(15)
A public utility;
(16)
Warehousing; or
(17)
Business services.
B.
In determining whether a business facility is engaged in a qualifying activity, the Department may consider the definitions set forth in the U.S. Office of Management and Budget's Standard North American Industrial Classification Manual.