1a Period covered (Months & Year)
1b Number of full time VT Employees
2 Report average annual full time VT employment for this tax year (average of the four quarters above) 2
3a During the first six years after the beginning of the EATI authorization what was the highest average
3b In which tax year did this occur? 3b
4 What was the lowest number of full time employees in Vermont for any 120 consecutive day period
annual full time Vermont employment using the same calculation method as above? 3a
Form BA 405 must be filed with the Vermont Business Corporate or Individual Income Tax Return for 6 years following the end of the EATI authorization period For example if the Vermont Economic Progress Council (VEPC) authorized an award from January 1 2000 through December 31 2004 Form BA 405 must be filed with all tax returns from 2005 through 2010
Send a duplicate of this form to: Vermont Economic Progress Council National Life Building Drawer 20 Montpelier VT 05620 0501
that ended during this tax year? 4
133 State Street (802) 828 5723
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
BA 405
Beginning
Contact Person Name Title Phone Number Fax Number E mail
Economic Advancement Tax Incentives
Employment Report for Expired Authorizations
Ending
Entity Name
Entity Officer Signature Title Date
Entity primary 6 digit North American Industrial Classification System (NAICS) No
Entity Tax Year M M Y Y Y Y
Federal ID Number
Form BA 405
Full Time Employment Levels in Vermont
If Line 4 is less than 75% of Line 3a you must notify the Vermont Economic Progress Council within 60 days of the 120 consecutive day period and report the recapture on the Vermont Income Tax Return for the tax year in which the 120 consecutive day period occurred Refer to 32 V S A 5930h for details
Location of Project (Street Address or Other Description)
Mailing Address City or Town State Zip Code
Montpelier VT 05633 1401 Web site: http://tax vermont gov
PRINT in BLUE or BLACK INK
Printed Name Phone E mail
Report the average number of full time employees in Vermont for each quarter of the tax year For purposes of this form a full time employee is defined as an employee who works no less than 37 hours each week
Rev 10/11
Signature
Under penalties of perjury I declare this report and all documents attached in support of this report are true correct and complete to the best of my knowledge and belief
VERMONT
VT DEPARTMENT OF TAXES