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2015 VIRGINIA ENTERPRISE ZONE GRANT PROGRAM General Income Tax Credit Qualification Formulas read the 2015 General Income Tax Credit Instruction Manual before completing this form. PART I: BACKGROUND
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General income tax credit is a reduction in the amount of income tax owed by an individual or entity.
Individuals or entities who qualify for the credit based on certain criteria set by the tax authority.
To fill out general income tax credit, individuals or entities must follow the instructions provided by the tax authority and accurately report their income and any applicable credits.
The purpose of general income tax credit is to provide tax relief to individuals or entities who meet certain eligibility requirements.
Individuals or entities must report their income, deductions, credits, and any other relevant information as specified by the tax authority.
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