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Tax CreditVirginiaActiveVerified

Virginia Coalfield Employment Enhancement Tax Credit

Virginia Department of Taxation (VA DOT)VA-COAL-EMP
Max per Applicant

Varies

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Virginia

About This Program

Virginia provides a tax credit of up to $1,000 per employee for businesses engaged in coal extraction or coal-related processing in Virginia's coalfield counties, supporting economic activity in Southwest Virginia.

Key Requirements & Eligibility

  • 1Must be engaged in coal extraction or processing in Virginia
  • 2Employment in a designated coalfield county
  • 3Credit of $1,000 per coal-industry employee
  • 4Must file Virginia corporation income or individual income tax
  • 5Credit can be used to offset tax liability

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

Official Source
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Applicable Industries

Mining & ExtractionEnergy ManagementOil & Gas Transition
Official Source