Form Wv/sev-401c - Annual Coal Severance Tax Return Page 3
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4WV/SEV-401C
ANNUAL COAL SEVERANCE TAX RETURN
Page 3 of 4
rtL047V 8-Web
(If you process purchased coal only, do not complete Schedule C)
SCHEDULE C - MINIMUM TAX ON COAL PRODUCTION
12th Month Period
Full Year
1.
Total Tons Sold
00
00
*(Do not include tons from qualified thin seams on or after 4/1/2000)
.
.
2.
Rate
0.75
0.75
3.
Tenative Minimum Tax (Multiply Line 1 by Line 2)
.
.
4.
Net Severance Tax Payable (Schedule A, Line 3)
.
.
5.
Net Severance Tax Ratio
0.93
0.93
6.
Net State Severance Tax (Multiply Line 4 by Line 5)
.
.
Net Minimum Tax (Line 3 minus Line 6) If Line 6 is greater than Line 3, enter 0 here and on
7.
.
.
Line 4 of Schedule A
SCHEDULE TC - TAX CREDITS
12th Month Period
Full Year
1.
Annual Credit-$500 per year or $41.67 per month for each month engaged in business in WV
.
.
2.
Investment Credits
.
3.
Credit for Coal Loading facilities
.
4.
Credit for Industrial Expansion and/or Revitalization
.
5.
Credit for Research and Development Projects
.
Credit for Business Investment and Jobs Expansion, Corporate Headquarters
6.
.
Relocation and Small Business Investment and Jobs Expansion
7.
West Virginia Capital Company Credit
.
8.
Total Credit (Add Lines 1 through 7 Full Year) and Report on Line 2 of Schedule A
.
B
2
7
0
1
0
9
0
3
W
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