Virginia legislation reinstates the coalfield employment enhancement credit for tax years 2018-2022. The reinstated credit allows taxpayers to claim the credit for: metallurgical coal mined by underground methods and surface methods; and coal mined for the production of coalbed methane. Prior to reinstatement, the credit was not restricted to metallurgical coal. Definition of Metallurigcal Coal […]
The post Virginia Reinstates Coalfield Employment Enhancement Credit appeared first on Tax & Accounting Blog.