EENHANCED NHANCED NTERPRISE NTERPRISE ONEONEEE ZZ TTAX AX REDIT REDIT CCROGRAM ROGRAM PP Annual Tax Credit Application & Instructions S SEND ORIGINAL SIGNED AND NOTARIZED COPY TO THE ADDRESS BELOW Back up documentation must be sent via email Missouri Department of Economic Development BCS Business & Community Finance 301 W. High Street, Room 770 P.O. Box 118 Jefferson City, MO 65102-0118 Phone: 573-526-0308 or 573-522-9062 Fax: 573-522-4322 www.missouridevelopment.org Email : dedfin@ded.mo.gov |
Checklist for Applying for Tax Credits (Include with Application Every Year Benefits are requested) Year 1 Annual Application for Tax Credits ;WůĞĂƐĞ ďĞ ƐƵƌĞ ƚŽ ŵĂŝů ƚŚĞ ŽƌŝŐŝŶĂů͘Ϳ Supplemental Information Form New Employee & New Investment Calculation Forms - (Excel Format - can be saved on CD) Itemized Investment List (Include Base Year & Year Filing) - (Excel Format - can be saved on CD) Current Employment Information (Include Base Year Year&Filing Employees & Taxable Wages paid) Copy of Health Benefits provided to Employees Copy of Lease (and proof of payment if lease rate is calculated monthly) If a Service Industry, please provide by % breakdown of sales revenue by state. Must be greater than 51% from out of state to qualify. YES NO Did the business receive property tax abatement of at least 50% for the tax year applying? YES NO If leasing, did the property owner receive the property tax abatement for the tax year applying? YEARS 2 – 5 Annual Application for Tax Credits (Please be sure to mail the original notorized.) New Employee & New Investment Calculation Forms - (Excel Format - can be saved on CD) Itemized Investment List (Year Filing) - (Excel Format - can be saved on CD) Current Employment Information (Employee & Taxble Wages paid for Year Filing) Copy of Health Benefits provided to Employees [if benefits have changed from previous year(s)] Proof of payment if lease rate is calculated monthly If a Service Industry, please provide by % breakdown of sales revenue by state. Must be greater ) than 51% from out of state to qualify. YES NO Did the business receive property tax abatement of at least 50% for the tax year applying? YES NO If leasing, did the property owner receive the property tax abatement for the tax year applying? If this application package contains any materials that the Company considers to be closed records pursuant to Section 620.014 RSMo, each page must be clearly marked as 'Confidential' and the Company must provide written support that releasing the information would endanger the competitiveness of the business. |
ENHANCED ENTERPRISE ZONE - ANNUAL APPLICATION FOR TAX CREDITS Tax Period of Company (Please specify if tax period is calendar or fiscal – by entering the dates of your tax period) Year for tax credits to begin Beginning Ending Calendar Fiscal Year Business Name Federal Tax ID (FEIN) Address of Project Facility UI Account # City County Zip Code (9 digit) Missouri CONTACT NFORMATIONI (PLEASE PROVIDE TWO PEOPLE THAT DIRECTLY DEAL WITH TAX CREDITS FOR YOUR BUSINESS ) Business / Facility Contact Title Address City State Zip Code Telephone Number Fax Number E-mail Preparer Contact Person Title Address City State Zip Code Telephone Number Fax Number E-mail OTHER ACILITY FDDRESS ES A ( ) (ATTACH ADDITIONAL SHEET IF NEEDED ) Headquarters Address (if different that project facility) City State Zip Code Other Missouri Facility Address City Zip Code UI Account # Other Missouri Facility Address City Zip Code UI Account # TYPE OF USINESSB C Corp S Corp LLC Sole Proprietor Partnership Other ____________________ If the taxpayer is a Partnership, S-Corporation, or other entity with a flow through tax treatment, identify the names, social security numbers and proportionate share of ownership of each beneficiary, partner or shareholder on the last day of the tax period. Aggregate proportionate shares or percent of total ownership may not exceed 100%. Attach separate sheet if necessary. Name(s) й KǁŶĞƌƐŚŝƉ Name(s) % Ownership Per Section 285.530 RSMo, any business receiving must To access E-Verify website, go to: enroll in the E-Verify Program. The program is designed https://e-verify.uscis.gov/enroll/ to provide employment status information to determine Have you certified all new employees, through the eligibility of applicants for employment. Currently an YES NO E-Verify, are authorized to work in the U.S.? employer’s participation in E-Verify is FREE. |
CERTIFICATION I, the undersigned, acting on behalf of the Company named below, hereby certify and agree to the following: The information submitted by the Company to DED in connection with the Project is true and correct and such information is consistent with documents provided to lenders, other government programs, or investors. The Company hereby authorizes DED to verify such information from any source; Neither the Company nor any person identified in the application: a) Has committed a felony, is currently under indictment for a felony, or is currently on parole or probation; b) Is delinquent with respect to any non-protested federal, state or local taxes or fees; c) Has filed (or is about to file) for bankruptcy, unless otherwise disclosed to DED; or d) Has failed to fulfill any material obligation under any other state or federal program; There are no pending or threatened liens, judgments, or material litigation against the Company or any person identified on the application which is likely to have a material impact on the Company’s viability; Neither the operations of the Project itself nor the receipt of incentives for the Project would violate any existing agreement; The Company has obtained or is capable of obtaining all necessary federal, state and local permits and licenses for the Project; I certify that the applicant does NOT knowingly employ any person who is an unauthorized alien and that the applicant has complied with federal law (8 U.S.C. § 1324a) requiring the examination of an appropriate document or documents to verify that each individual is not an unauthorized alien. I certify that the applicant is enrolled and will participate in a federal work authorization program as defined in Section 285.525(6), RSMo., with respect to employees working in connection with the activities that qualify applicant for this program. I certify that the applicant will maintain and, upon request, provide the Department of Economic Development documentation demonstrating applicant’s participation in a federal work authorization program with respect to employees working in connection with the activities that qualify applicant for this program. I certify that the Applicant shall include in any contract it enters with a subcontractor in connection with the activities that qualify applicant for the program, an affirmative statement from the subcontractor that such subcontractor is not knowingly in violation of Section 285.530.1, RSMo, and shall not be in violation during the length of the contract. In addition the Applicant will receive a sworn affidavit from the subcontractor under the penalty of perjury, attesting that the subcontractor’s employees are lawfully present in the United States. I certify that the Applicant will maintain and provide the Department of Economic Development and Department of Revenue access to documentation demonstrating compliance with this requirement. I understand that, pursuant to section 285.530.5, RSMo, a general contractor or subcontractor of any tier shall not be liable under section 285.525 to 285.550 when such general contractor or subcontractor contracts with its direct subcontractor who violates section 285.530.1, if the contract binding the contractor and subcontractor affirmatively states that the direct subcontractor is not knowingly in violation of section 285.530.1 and shall not henceforth be in such violation and the contractor or subcontractor receives a sworn affidavit under the penalty of perjury attesting to the fact that the direct subcontractor’s employees are lawfully present in the United States. I understand that if the applicant is found to have employed an unauthorized alien, applicant maybe subject to penalties pursuant to Sections 135.815, 285.025, and 285.535, RSMo. I understand that if the applicant is found to have employed an unauthorized alien in Missouri and did not, for that employee, examine the document(s) required by federal law, the applicant shall be ineligible for any state-administered or subsidized tax credit, tax abatement or loan for a period of five years following any such finding. I attest that I have read and understand the Enhanced Enterprise Zone Tax Credit Program guidelines. I hereby agree to allow representatives of the Department of Economic Development (DED), Department of Revenue, or either of their designated representatives, access to the property and applicable records as may be necessary for the administration of this program. I certify under penalties of perjury that the above statements and information contained in the application and attachments are complete, true, and correct to the best of my knowledge and belief. I certify that I am a Corporate Officer/Member of the Applicant and have the proper authority to execute this document on behalf of the Applicant and that I am authorized to make the statement of affirmation contained herein. I also realize that failure to disclose material information regarding the Applicant, any owners or individuals engaged in the management of the Applicant, or other facts may result in criminal prosecution. Applicant Signature Print Name Title Date STATE OF ____________________________) SS. COUNTY OF_________________________________) On this _____day of ______________________in the year 20____ before me, _________________________________________, a Notary Public in and for said state, personally appeared ________________________________[name of Corporate Officer / Member), ________________________________ [Official Title], ___________________________________ [Name of Corporation / Limited Liability Corporation], known to me to be the person who executed the within Agreement in behalf of said company and acknowledged to me that he or she executed the same for the purposes therein stated. __________________________________ Notary Public _________________________________ My commission expires |
ENHANCED ENTERPRISE ONE Z UPPLEMENTAL – S NFORMATION I ORM F (YEAR 1 ONLY) Business Name Tax Year Start Date the Expansion, Acquisition, or Commencement Date: Replacement Occurred: The Start Date is the first day that construction or expansion was The Commencement Date is the date the expansion, began. relocation, or new facility became operational. Facility NAICS code Is the company owned 51% or more by women? YES NO Does the company pay 50% or more Days worked YES NO If so, what Percentage? % of the employee’s health benefits? before eligible? Describe the proposed project and / or activity to be conducted at this facility: Lease Is this facility leased from another person(s)? (If Yes: Attach the Lease Agreement) Yes No Lease Start Date Base Lease Rate per Month $ Length of Lease (years) Purchase – Acquisition Was this a purchase of an existing business? YES NO Was this a purchase of an existing building? YES NO Was this a new construction on an empty lot? YES NO Date title to the acquired property was transferred Purchase price paid for real property (and tangible personal property, excluding inventory; if applicable): $ Replacement Facility Did you or a related taxpayer previously operate a facility elsewhere in Missouri that was closed YES NO as a result of this facility? If Yes: Previous Location: Why did it cease at this location? Date of Closure: Amount of Investment in use at former facility at time of closure: $ Were any of the employees transferred to the new location? YES NO If YES, how many? Were any employees dislocated due to closing the facility? YES NO If YES, how many? If there are multiple facilities within the state – the business is required to complete a Multiple Worksite Report (MWR) - BLS 3020 for each quarter beginning with the Base Year for the duration of program benefits. CONTACT INFORMATION FOR : Marya Amos MWR – BLS 3020 (ACQUIRE AND SUBMIT) MERIC QCEW Supervisor NAICS CODE ( INQUIRIES AND ASSIGNMENT) Missouri Department of Economic Development PO Box 3150 Has the BLS 3020 been completed for each YES NO Jefferson City, MO 65102 Quarter for the Base Year of program benefits? Phone: 573-751-8914 Has the BLS 3020 been completed for each Email: amosm@states.bls.gov YES NO Quarter for Tax Year(s) being applied for? |
ENHANCED ENTERPRISE ZONE NEW INVESTMENT CALCULATION Business Name Tax Period Call DED Incentive Specialist for Base Year Dates Attach a Fixed Asset or Depreciation Schedule of all real & depreciable tangible property. Do Not Include Inventory or Construction in Progress. ATTACH Lease payments if claiming Lease credit New Business Facility Investment Year Filing Base Year T ax Year Ending B ase Year Ending B ase Year T o tal $ 0.00- 1 $ - 1 $ - 2 $ - 2 $ - 3 $ - 3 $ - 4 $ - 4 $ - 5 $ - 5 $ - 6 $ - 6 $ - 7 $ - 7 $ - 8 $ - 8 $ - 9 $ - 9 $ - 10 $ - 10 $ - 11 $ - 11 $ - 12 $ - 12 $ - 13 Total $ 0.00 - 13 Lease Credit $ 0.00- 14 Previous Years $ - 15 Total $ 0.00- Lease Credit Calculation Monthly Lease Rate $ - Investment Calculation # months _____ to _____ 0 Cumulative Investment over Monthly Lease Rate $ - Base Year $ 0.00 - # months _____ to _____ 0 Transferred Investment $ - Total Lease Payments $ 0.00- New Investment 0.00 $ - |
ELIGIBLE PAYROLL Taxable Wages, as defined for Box 1 on the W2 by the IRS include: 1. Total wages, bonuses (including signing bonuses), prizes, and awards paid to employees during the year. 2. Total noncash payments, including certain fringe benefits. 3. Total tips reported by the employee to the employer (not allocated tips). 4. Certain employee business expense reimbursements 5. The cost of accident and health insurance premiums for 2% or more shareholder-employees paid by an S corporation. 6. Taxable benefits from a section 125 (cafeteria) plan. 7. Employee contributions to an Archer MSA. 8. Employer contributions to an Archer MSA if includible in the income of the employee. 9. Employer contributions for qualified long-term care services to the extent that such coverage is provided through a flexible spending or similar arrangement. 10. Taxable cost of group-term life insurance in excess of $50,000. 11. Unless excludable under Educational assistance programs, payments for non-job-related education expenses or for payments under a non-accountable plan. See Pub. 970. 12. The amount includible as wages because you paid your employee's share of social security and Medicare taxes. (If an employer also paid an employee's income tax withholding, they should treat the grossed-up amount of that withholding as supplemental wages and report those wages in boxes 1, 3, 5, and 7. No exceptions to this treatment apply to household or agricultural wages.) 13. Designated Roth contributions made under a section 401(k) plan or under a section 403(b) salary reduction agreement. 14. Distributions to an employee or former employee from a nonqualified deferred compensation plan (including a rabbi trust) or a nongovernmental section 457(b) plan. 15. Amounts includible in income under section 457(f) because the amounts are no longer subject to a substantial risk of forfeiture. 16. Payments to statutory employees who are subject to social security and Medicare taxes but not subject to federal income tax withholding must be shown in box 1 as other compensation. 17. Cost of current insurance protection under a compensatory split-dollar life insurance arrangement. 18. Employee contributions to a Health Savings Account (HSA). 19. Employer contributions to an HSA if includible in the income of the employee. 20. Amounts includible in income under a nonqualified deferred compensation plan because of section 409A. Note: All other compensation, including certain scholarship and fellowship grants). Other compensation includes taxable amounts that you paid to your employee from which federal income tax was not withheld. You may show other compensation on a separate Form W-2. |
ENHANCED ENTERPRISE ZONE NEW BUSINESS FACILITY EMPLOYEES EMPLOYEE & PAYROLL CALCULATION COUNT ONLY FULL TIME EMPLOYEES Year Filing Base Year Business Name Tax Year Tax Year Ending Base Year Ending Please provide an employee payroll summary sheet for the tax year being claimed AND the Base year 0 0 (send base year data only in the first year). A list of employees is also required with the following 0 0 data: Name (last, first) - Last 4 digits of SSN (or Employee ID) - Date Hired - Date Terminated - Position Title - Pay Rate (Salary/Hourly amounts) - Taxable Wages paid - FT or PT status - Accepted / 0 0 Decline Health Insurance Benefits provided by the company. 0 0 0 0 Call DED Incentive Specialist for Base Year 0 0 ATTACH Employee Data to back up the numbers that are submitted on this form. 0 0 Payroll Monthly Breakdown 0 0 Year Filing (full time payroll only) Base Year (full time payroll only) 0 0 Tax Year Ending Base Year Ending 0 0 1 $ - 1 $ - 0 0 2 $ - 2 $ - 0 0 3 $ - 3 $ - Total 00 Total 00 4 $ - 4 $ - # of Months # of Months 5 $ - 5 $ - Average 0.00 Average 0.00 6 $ - 6 $ - # of Jobs @ NOI Submission 0 7 $ - 7 $ - New Facility Employee Calculation 8 $ - 8 $ - Difference between the Year filing average & Base year 0.00 9 $ - 9 $ - average employee count. 0.00 10 $ - 10 $ - Decrease of the # of employees transferred or laid off 11 $ - 11 $ - from in-state facilities 12 $ - 12 $ - # of New Employees 0.000.00 13 Total $ 0- 13 Total $ 0- # of employees located at all related facilities in MO |
INSTRUCTIONS Call DED Incentive Specialist for Base Year Dates Attach a Fixed Asset or Depreciation Schedule of all real & depreciable tangible property. Do Not Include Inventory or Construction in Progress. New Business Facility Investment Year Filing Base Year Tax Year Ending 3 Base Year Ending 4 Base Year Total $ - 1 6↓ 8↓ 1 5↓ 7↓ 2 $ - 2 $ - 3 $ - 3 $ - 4 $ - 4 $ - 5 $ - 5 $ - 6 $ - 6 $ - 7 $ - 7 $ - 8 $ - 8 $ - 9 $ - 9 $ - 10 $ - 10 $ - 11 $ - 11 $ - 12 $ - 12 $ - 13 Total $ - 13 Lease Credit $ - 14 Previous Years 9 15 Total $ - Lease Credit Calculation Monthly Lease Rate 10 Investment Calculation # months _____ to _____ 11 Cumulative Investment over Monthly Lease Rate 12 Base Year $ - # months _____ to _____ 13 Transferred Investment 14 Total Lease Payments $ New Investment $ ↓ References the 11 spaces below "this" cell. These areas will fill automatically 1 The name of the business filing for tax credit 2 The tax period (either calendar or fiscal): show dates The end of the tax period the business is filing the tax credit against. (E.g. for calendar year 2012 - 3 the tax year ending would be 12/31/2012). 4 Must call the DED Incentive Specialist for this date. Refer to guidelines for specific definition 5↓ Month of tax period. If crossing years, use mm/yy format 6↓ Month of base year. If crossing years, use mm/yy format 7↓ Total investment for this month 8↓ Investment during this month for the base year 9 Use during Years 2+ (Call Incentive Specialist for this total) 10 Monthly lease rate paid 11 Number of months this rate was paid 12 If lease rate changed during tax period, enter new lease rate. 13 Number of months new lease rate was paid Any investment that was transferred from another facility to the facility of which the tax credits 14 are being filed. |
ENHANCED ENTERPRISE ZONE NEW BUSINESS FACILITY EMPLOYEES EMPLOYEE & PAYROLL CALCULATION COUNT ONLY FULL TIME EMPLOYEES Year Filing Base Year Business Name 1 Tax Year 2 Tax Year Ending 3 Base Year Ending 4 Please provide an employee payroll summary sheet for the tax year being claimed AND the Base year (send 5↓ 6↓ 7↓ 8↓ base year data only in the first year). A list of employees is also required with the following data: Name (last, first) - Last 4 digits of SSN (or Employee ID) - Date Hired - Date Terminated - Position Title - Taxable Wages paid - FT or PT status - Accepted / Decline Health Insurance Benefits provided by the company. Call DED Incentive Specialist for Base Year ATTACH Employee Data to back up the numbers that are submitted on this form. Payroll Monthly Breakdown Year Filing (full time payroll only) Base Year (full time payroll only) Tax Year Ending 3 Base Year Ending 4 1 5↓ 9↓ 7↓ 10↓ 2 $ - $ - 3 $ - $ - Total 0 Total 0 4 $ - $ - # of Months 11 # of Months 12 5 $ - $ - Average 0.00 Average 0.00 6 $ - $ - # of Jobs @ NOI Submission 0 7 $ - $ - New Facility Employee Calculation 8 $ - $ - Difference between the Year filing average & Base 9 $ - $ - year average employee count. 10 $ - $ - Decrease of the # of employees transferred or laid 11 $ - $ - off from in-state facilities 13 12 $ - $ - # of New Employees 13 Total $ - Total $ - # of employees located at all related facilities in MO 14 Reference Key ↓ References the 11 spaces below "this" cell. These areas will fill automatically 1 The name of the business filing for tax credit 2 The tax period (either calendar or fiscal): show dates The end of the tax period the business is filing the tax credit against. (E.g. for 3 calendar year 2012 - the tax year ending would be 12/31/2012). Must call the DED Incentive Specialist for this date. Refer to guidelines for specific 4 definition 5↓ Month of tax period. If crossing years, use mm/yy format. Number of full time employees working at the facility as of the last day of the 6↓ month. 7↓ Month of base year. If crossing years, use mm/yy format Number of full time employees working at the facility as of the last day of the month 8↓ during the base year. 9↓ Taxable payroll paid during this month (FT only) See eligible payroll definition on next page. 10↓ Taxable payroll paid during this month for the base year (full time only) Number of months in the year filing (typically this will be 12; however, the first year 11 and possibly the last year will be partial years. 12 Number of months in the base year that have employees. Number of decrease in employees in other related facilities within the state of Missouri (Please refer to guidelines for definition of "related facility") 13 14 Total number of employees at all related facilities in the state of Missouri |