Form 304 - Major Business Facility Job Tax Credit

19 9 9

SCH EDULE A (Form 304)

L I ST OF QUALIFYI NG FULL-TI ME EMPLOYEES

At t ach t o Form 304, Maj or Bus ine s s Facil it y Job Tax Cre dit

V A D

EPARTMENT OF

AXATION

Page _ _ _ _ of _ _ _ _

SEPARATE

CH EDULE

MUST BE COMPLETED FOR EACH MAJOR BUSI NESS FACILITY OR QUALIFIED JOB EXPANSI O N

Fe de ral Em pl oye r Ide nt if icat ion Num be r

Maj or busine s s f acil it y l ocat ion or dat e of e xpans ion

Nam e as it appe ars on Form 304

- OR - Social Se curit y Num be r

(Form 304, l ine 2b)

List all qualifying full-time and full-time equivalent employees, including the first 100 (50 if the major business facility is in an enterprise zone or

economically distressed area) and complete each column. No more than two part-time employees can be used as the equivalent of one full-

time employee. Two or more affiliated companies may elect to aggregate the number of jobs created for qualified full-time employees as the

result of the establishment or expansion by the individual companies to qualify for this credit. “ Affiliated companies” means two or more

companies related to each other such that one company owns at least 80% of the voting power of the other (or others) or at least 80% of the

voting power of two or more companies is owned by the same interests. For each month, enter the total number of qualifying full-time or

equivalent full-time employees on Schedule B.

Each qualifying full-time position must: (a) be of indefinite duration, created by the taxpayer as a result of the establishment or expansion of a

major business facility in Virginia; and (b) require a minimum of 35 hours per week for the entire year (minimum of 48 weeks) or (c) require a

minimum of 35 hours a week for the portion of the taxable year in which the employee was initially hired for, or transferred to, the facility in

Virginia. Note that the hours of two qualifying part-time employees may be combined to qualify as one “ equivalent” full-time employee.

Seasonal or temporary positions and jobs created when a job function is shifted from an existing location in Virginia to the new major

business facility and positions in building and grounds maintenance, security and other such positions which are ancillary to the principal

activities performed by the employees at a major business facility do not qualify.

“ Qualified full-time employees” may include the employees of a contractor or a subcontractor if permanently assigned to the taxpayer’ s major

business facility. The taxpayer must be able to provide evidence to the Virginia Department of Taxation of a contractual agreement with the

contractor or subcontractor prohibiting the contractor or subcontractor from also claiming these employees in order to receive a credit under

this section.

Columns A and B: Enter the name and social security number of each qualifying employee. If claiming a qualifying employee of a

contractor or affiliated company (see paragraph above), make a notation beside each such employee in Column A and

attach a separate schedule showing the corresponding affiliated company or contractor.

Column C: Enter the number of full months that the employee was employed in a qualifying position during the credit year.

Column D: Enter a brief position description for the qualifying employee.

Column E: Part-time employee hours per week. * Enter the number of hours worked per week by the qualifying part-time employee.

No more than two qualifying part-time employees may be combined to qualify as an “equivalent” full-time employee.

Column A

Column B

Column C

Column D

Column E

No. of full

Part-time employee

Employee Name

months

* (no. hours per

Use additional schedules as

Social Security Number

employed during

Brief position description

week )

necessary.

the credit year

Form 304 - Major Business Facility Job Tax Credit - 1999 Page 2

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