Varies
Amount varies
Tax Credit
Reduces tax liability
Rolling
No fixed cutoff
Annual tax return
Claim with year-end filing
Moderate
File with tax return
25% state income tax credit for qualified investments in new or expanded tourism facilities in West Virginia, supporting development of hotels, resorts, attractions, and adventure tourism infrastructure.
Do I qualify?
Answer the questions below to get an instant self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Project must be a new or expanded tourism facility in West Virginia
2.Eligible: hotels, motels, resorts, theme parks, golf courses, marinas, ski areas
3.Minimum investment: $500,000
4.Credit: 25% of qualified investment, taken over 10 years
5.Must apply before beginning construction; project must be open to the public
DECD · Maine
Reimburses Maine businesses for local property taxes paid on qualifying new business equipment and machinery, reducing the effective cost of capital investment in manufacturing and processing.
WVDED · West Virginia
Business and occupation tax credits for qualifying businesses creating 20+ new jobs in West Virginia, with enhanced benefits for investments in high-unemployment counties.
NPS · United States
20% federal income tax credit for the certified rehabilitation of historic buildings listed in the National Register of Historic Places, incentivizing preservation of America's historic built environment.