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640001150094 Department of Taxation and Finance IT-640 START-UP NY Telecommunication Services Excise Tax Credit Tax Law Sections 39 and 606(by)
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Form IT-640 is a tax form used for reporting tax credits for modernization and industrial development purposes.
Corporations and businesses in Tennessee that have received tax credits for modernization or industrial development projects are required to file Form IT-640.
Form IT-640 can be filled out by providing details of the tax credits received for modernization or industrial development projects in the designated sections of the form.
The purpose of Form IT-640 is to report and claim tax credits received for modernization and industrial development projects in Tennessee.
Information that must be reported on Form IT-640 includes details of tax credits received, the amount of credits claimed, and information on modernization or industrial development projects.
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