Empowerment zone definition

Empowerment zone means an area designated as an empowerment zone by the United States department of housing and urban development.
Empowerment zone means any area that meets the standards for designation as an empowerment zone under 26 U.S.C. Section 1392.
Empowerment zone means an area the Federal Government designates under Public Law 103-66 to provide incen- tives for a business to locate within the zone’s boundaries.

Examples of Empowerment zone in a sentence

  • Empowerment zone and renewal community des- ignations expire at the end of 2009.

  • Population and poverty rate shall be deter- mined by the most recent decennial census data available.(b) Empowerment zone; enterprise communityFor purposes of this title, the terms ‘‘em- powerment zone’’ and ‘‘enterprise community’’ mean areas designated as such under section 1391.(Added Pub.

  • Generally, rental activities are passivePart II, lines 24 and 29 activities, whether or not you materially• Forego the special depreciation allowance for eligible qualified property acquired (including manufactured, constructed, or produced) after March 31, 2008, and placed in service generally before January 1, 2009, and• Use the straight-line method of• Empowerment zone and renewal community employment credit.

  • Any unallowed loss from a PTP passive activity is carried forward and allowed in a tax year when the corporation has passive income from the• Empowerment zone employment credit;• Indian employment credit;• Credit for employer social security and Medicare taxes paid on certain employee tips;• Orphan drug credit;• New markets credit;passive activity credit, the corporation must take into account any credits from passive activities disallowed for prior years and carried forward to this year.

  • Empowerment zone credits will be calculated at an 8% rate as long as the Client remains a client of Neon.

  • Empowerment zone means an area designated by HUD as an Empowerment Zone under 26 U.S.C. 1391-1393.

  • The covenants and agreements in Article 3 survive the termination of this agreement.

  • For each credit listed below, the cooperative must reduce the otherwise allowable deductions for expenses used to figure the credit by the amount of the current year credit:• Work opportunity credit.• Research credit.• Enhanced oil recovery credit.• Disabled access credit.• Empowerment zone employment credit.• Indian employment credit.• The employer credit for social security and Medicare taxes paid on certain employee tips.• Orphan drug credit.• Welfare-to-work credit.

  • For each credit listed below, the corporation must reduce the otherwise allowable deductions for expenses used to figure the credit by the amount of the current year credit.● Work opportunity credit.● Research credit.● Enhanced oil recovery credit.● Disabled access credit.● Empowerment zone employment credit.● Indian employment credit.● Employer credit for social security and Medicare taxes paid on certain employee tips.

  • Schedule E, line 33, column (d) or (f) Schedule E, line 33, column (d) or (f)K Empowerment zone employment credit L Indian employment creditM Orphan drug creditN Credit for employer-provided child care and facilitiesSee the beneficiary's instructions9.


More Definitions of Empowerment zone

Empowerment zone means an area of the State certified by
Empowerment zone means that certain area of the City of Los Angeles defined and described as the City of Los Angeles Supplemental Empowerment Zone in Exhibit 1.2(12) hereto, which is incorporated herein by this reference.
Empowerment zone shall have the same meaning as Westside TAD Neighborhood Area for all purposes of this Agreement.

Related to Empowerment zone

  • Rural area means any county with a population of fewer than twenty thousand individuals. "Small business concern," as used in this clause, means a concern, including its affiliates, that is

  • School zone means an area near a school beginning at the school's front door, encompassing

  • Commercial area means an area in which at least 75% of the property is devoted

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);