Qualified expenditures definition

Qualified expenditures means capital expenditures that qualify, or would qualify except that the taxpayer entered into an agreement under subsection (13), for a rehabilitation credit under section 47(a)(2) of the internal revenue code if the taxpayer is eligible for the credit under section 47(a)(2) of the internal revenue code or, if the taxpayer is not eligible for the credit under section 47(a)(2) of the internal revenue code, the qualified expenditures that would qualify under section 47(a)(2) of the internal revenue code except that the expenditures are made to an historic resource that is not eligible for the credit under section 47(a)(2) of the internal revenue code that were paid. Qualified expenditures do not include capital expenditures for nonhistoric additions to an historic resource except an addition that is required by state or federal regulations that relate to historic preservation, safety, or accessibility.

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Qualified expenditures means any expenditures of Developer for the Project that are eligible for TIF Incentives as defined in Section III. B. 3.

Qualified expenditures means construction-related expenses of the

Examples of Qualified expenditures in a sentence

• Qualified expenditures may include membership to a fitness facility and/or participation in a health program that provides instruction designed to improve wellness.

• Qualified expenditures include capital, equipment, working capital, and inventory expenses.

• Qualified expenditures for PROGRAM(S) approved under this AGREEMENT shall be eligible for reimbursement from TFCA funds when incurred on or after the specified date of signature by DISTRICT of the FUNDING AGREEMENT (EXHIBIT B) but not prior to July 1, 2014; for other funding sources when incurred on or after July 1, 2014.

• Qualified expenditures shall be incurred in calendar year 2025 and paid by Entity no later than January 15, 2026.

• Qualified expenditures shall include those expenditures described in Exhibit B.

More Definitions of Qualified expenditures

Qualified expenditures means all the costs and expenses

Qualified expenditures means construction-related expenses of the taxpayer directly related to the project for which the tax credit is sought but excluding any expenses related to a private residence.

Qualified expenditures means the costs and expenses incurred by a qualified taxpayer in the restoration and preservation of a qualified historic structure pursuant to a qualified rehabilitation plan which are defined as a qualified rehabilitation expenditure by section 47(c)(2) of the federal internal revenue code;

Qualified expenditures means amounts paid or incurred for tangible personal property purchased or leased, and used, within this state in the production of a qualified motion picture and payments, including qualified wages, for services performed within this state in the production of a qualified motion picture.

Qualified expenditures means the costs and expenses incurred

Qualified expenditures means amounts paid or incurred

Qualified expenditures means expenditures in- cluded in a qualified plan, including capital, plant, equipment, working capital, and inventory expenses.