West Virginia Reshoring Manufacturing Act provides tax credits to incentivize businesses to replace imported goods with West Virginia-manufactured.

The West Virginia Reshoring Manufacturing Act establishes a tax credit to encourage businesses to replace imported goods with goods manufactured in West Virginia. Eligible taxpayers can claim a credit based on the annual dollar value of imported goods replaced with West Virginia-manufactured goods. The credit is subject to limitations and must be certified by an independent certified public accountant. The credit can be applied to state taxes and has a maximum annual limit of $1 million.

West Virginia Reshoring Manufacturing Act provides tax credits to incentivize businesses to replace imported goods with West Virginia-manufactured.

The West Virginia Reshoring Manufacturing Act establishes a tax credit to encourage businesses to replace imported goods with goods manufactured in West Virginia. Eligible taxpayers can claim a credit based on the annual dollar value of imported goods replaced with West Virginia-manufactured goods. The credit is subject to limitations and must be certified by an independent certified public accountant. The credit can be applied to state taxes and has a maximum annual limit of $1 million.