Employee Retention Credit definition
Employee Retention Credit means the Federal refundable tax credit for businesses that continued to pay employees while experiencing a full or partial suspension of operations limiting commerce, travel or group meetings due to COVID-19 or had significant declines in gross receipts from March 13, 2020, to December 31, 2020, or declines in gross receipts from January 1, 2021, through September 30, 2021.
Employee Retention Credit means the employee retention tax credit under Section 2301 of the CARES Act.
Employee Retention Credit means the “employee retention credit” within the meaning of Section 2301 of the CARES Act, any successor provision, or any corresponding or similar provision of state or local Tax Law.
Examples of Employee Retention Credit in a sentence
The Company has never applied for or received any Employee Retention Credit.
More Definitions of Employee Retention Credit
Employee Retention Credit means (i) the credit against applicable employment Taxes set forth in Section 2301 of the CARES Act, as amended by Section 206 of the Taxpayer Certainty and Disaster Tax Relief Act of 2020; and (ii) the credit against applicable employment Taxes set forth in Section 3134 of the Code.
Employee Retention Credit means the employee retention tax credit set forth in Section 2301 of the CARES Act (as modified by the Consolidated Appropriations Act, 2021).
Employee Retention Credit means any employee retention credit provided for by the Coronavirus Aid, Relief, and Economic Security Act (including as amended by the Consolidated Appropriations Act, 2021 and the American Rescue Plan Act of 2021) and any similar credit under state or local Law.
Employee Retention Credit means any employee retention credit provided for by the CARES Act (including as amended by the Consolidated Appropriations Act, 2021 and the American Rescue Plan Act of 2021) and any similar credit under state or local Law.
Employee Retention Credit means any and all employee retention credits claimed by or on behalf of Seller under the CARES Act. “GAAP” means United States generally accepted accounting principles in effect from time to time. “Government Contract” means (i) any Contract, including prime contract, subcontract, teaming agreement or arrangement, joint venture, basic ordering agreement, pricing agreement, letter contract or other similar arrangement of any kind, or (ii) or any bid made which, if accepted, would result in a Contract, between Seller, on the one hand, and (a) any Governmental Authority, (b) any prime contractor of a Governmental Authority in its capacity as a prime contractor, or (c) any subcontractor at any tier with respect to any Contract of a type described in clauses (a) or (b) above.
Employee Retention Credit means the federal tax credit provided pursuant to Section 3134 of the Code.
Employee Retention Credit means the employee retention credit provided for pursuant to section 2301 of the CARES Act, as further modified by the Taxpayer Certainty and Disaster Tax Relief Act of 2020 and by any Legal Requirements with respect thereto.