Colorado Application for Extended Enterprise Zone Tax Credits

Application for Extended Enterprise Zone Tax Credits
Form DR 0078
DR 0078 (07/25/14)
COLORADO DEPARTMENT OF REVENUE
Denver, CO 80261-0005

*140078==19999*

Application for Extended Enterprise Zone Tax Credits
in Terminated Enterprise Zone Area

Joint Certification by Taxpayer and Enterprise Zone Administrator
I. Enterprise Zone

Date termination of this area officially announced:

(MM/DD/YY)

Effective date of termination of this zone area:

II.	Corporation or Last Name

First Name

Colorado Account Number

SSN or FEIN

Mailing Address

Middle Initial

City

Contact Person's Last Name

State
First Name

Location of Enterprise Zone Facility

(MM/DD/YY)

Zip
Middle Initial

City

Date Established/Acquired/Planned to be Established by Taxpayer

(MM/DD/YY)

State

Zip

Phone Number
(	)

III. Describe business planning documentation in place prior to the announcement of the zone termination
(do not attach; retain with your tax records and send only if specifically requested by the Department):
Real estate
Plant or equipment
Permit applications (zoning, building,
	 acquisition plans
	 purchasing specifications
	 environmental, etc.)
Utility service applications
Financing plans
Other
If other, please describe

IV.	Planned Activity Eligible for Enterprise Zone Tax Credits
through ten years following termination of zone.
Amount of
Planned
Investment,
Jobs, etc.

Tax Credit

For each applicable credit, first list only the planned and cumulative total amounts
when requesting the certification. Then, complete the areas to designate the year and
amount of each credit claimed.

Contribution to enterprise zone administrator credit

Cumulative
Total Anticipated
Tax Credits

$

$

$

$

$

$

Year
(YYYY)

Credit
Claimed
Investment tax credit
Year
(YYYY)

Credit
Claimed
Job training tax credit
Year
(YYYY)

Credit
Claimed

*140078==29999*
New business facility (NBF) employee credit

$

Year
(YYYY)

Credit
Claimed
Agricultural processing NBF employee credit

$

Year
(YYYY)

Credit
Claimed
NBF employee health insurance credit

$

Year
(YYYY)

Credit
Claimed
V. Joint Certification by Taxpayer and Enterprise Zone Administrator
We hereby certify to the Colorado Department of Revenue that the information provided herein is true and correct to the
best of our knowledge.
Taxpayer Signature
Enterprise Zone Administrator Signature

Title

Date (MM/DD/YY)
Date (MM/DD/YY)

DR 0078 Instructions
A taxpayer may request an extension of enterprise zone
tax credits in:
• a terminated enterprise zone area for up to 10 tax years,
	 and
• a terminated enhanced rural enterprise zone area for up
	 to 5 years
following the termination year. The taxpayer must jointly
certify with the zone administrator that plans were in place
for job creation, investment in job training programs, or
capital expansion before the announcement of the zone
termination. Detailed business planning documentation
supporting the planned investment and job increases must
be kept with your tax records and supplied to the zone
administrator or the Department of Revenue upon request.
[C.R.S. 39-30-103(6)(a)]
Submit this form and a summary of the business plan to
the local enterprise zone administrator. Upon review and
approval, the zone administrator will sign the certification
form and return it to the mailing address provided.
Retain the certified form with your tax records. For any year
in which credits are earned and claimed the form must be
updated and, along with Form DR 0074, submitted to the
local enterprise zone administrator for certification. The
zone administrator will return the certified forms, which
must be filed with your Colorado income tax return. For tax
years 2012 and after, any enterprise zone credit must be
claimed on an electronically filed return. Please see the DR
1366 form for more details.

Extended credits are available only to the taxpaying entity
that existed in the enterprise zone and filed the application
for the extended credits. There is no provision for the
transfer of those credits to a subsequent related entity.
Nothing in this certification shall be construed to grant tax
benefits that have been repealed by the general assembly
or to grant tax benefits in excess of the limits established
by law.
Section IV: When first filing this form to request
certification, information is required for each tax credit
that is expected to be claimed during the extended credit
period. Provide the cumulative total of the amount of
investment, job training program expenditures, or number
of NBF employees that will qualify for the credit and the
cumulative total of the anticipated tax credits over the next
five or ten year extension period. If the five-year extension
is claimed for the enhanced rural enterprise zone credit,
write "enhanced" after the name of the credit.
When preparing your tax return each year during the five
or ten year extended period, provide the tax year and
the amount of the credit that is actually claimed during
that year in the boxes provided below each credit. The
cumulative total of each tax credit claimed during the
extension period can not exceed the amount originally
certified in the cumulative total column.

Colorado Department of Revenue
Denver, CO 80261-0005
Telephone 303-238-SERV(7378)
Taxation Web site: www.TaxColorado.com
Colorado Office of Economic Development and International Trade
1625 Broadway, Suite 2700
Denver, CO 80202
Telephone 303-892-3840
For a list of Zone Administrators and their contact information, visit:
www.AdvanceColorado.com/EZ