General Welfare Exclusion definition

General Welfare Exclusion means the IRS doctrine under which certain payments made under legislatively provided social benefit programs for the promotion of the general welfare, and not as compensation for services, are excludable from gross income.
Sample 1Sample 2Sample 3
General Welfare Exclusion means Assistance shall be treated as non-taxable so long as it satisfies the requirements for exclusion under 26 U.S.C. Section 139E, it is provided under a Safe Harbor Program, or it meets the General Test.
Sample 1Sample 2
General Welfare Exclusion means any benefits shall be treated as non-taxable under federal law so long as it satisfies the requirements for exclusion under 26 U.S.C. §139E, is provided under a Safe Harbor Program listed and detailed in I.R.S. Rev. Proc. 2014-35 or subsequent Internal Revenue Service procedures or regulations, or it meets the General Test.
Sample 1Sample 2

Examples of General Welfare Exclusion in a sentence

  • The above exclusion was enacted by the Tribal General Welfare Exclusion Act of 2014, September 26, 2014.

  • Jim contends the distributions are not subject to taxation because they constitute general welfare payments pursuant to 26 U.S.C. section 139E(b), the Tribal General Welfare Exclusion Act (“Tribal GWE Act”).

  • Any Program benefits or payments that qualify for tax free treatment under the General Welfare Exclusion.

  • This Code is established pursuant to the authority vested in the Tribal Council by the Constitution of the Tribe, and pursuant to the Tribal General Welfare Exclusion Act of 2014, codified under Internal Revenue Code Section 139E, which excludes from gross income, for income tax purposes, the value of general welfare assistance that may be provided to an Eligible Tribal Member.

  • It is the Tribe’s intent that the assistance provided pursuant to this Code will meet the criteria set forth in Revenue Procedure 2014-35 (including any subsequent Internal Revenue Service guidance) and the Tribal General Welfare Exclusion Act of 2014, for treatment as a tax exempt benefit.

  • The Tribal Council developed the Program with the intention that Assistance to Citizens provided under this Program is an “Indian general welfare benefit” as provided by 26 U.S.C. 139E(a) and therefore excluded from gross income and not subject to tax withholding or reporting under the Tribal General Welfare Exclusion Act, 26 U.S.C. 139E and IRS Revenue Procedure 2014-35.

  • In that context, the IRS has employed an administrative practice, known as the General Welfare Exclusion (“GWE”), which excludes benefits and payments to individuals from federal income taxation when those benefits and payments are made pursuant to a governmental program serving the general welfare.

  • Current law: Until the enactment of the Tribal General Welfare Exclusion Act on September 26, 2014, there had not been a formal Tribal advisory committee within Treasury or the IRS regarding matters of Indian taxation.Reasons for creating a new Advisory Committee: In recent years, Indian Tribal governments and the Internal Revenue Service have disagreed on several issues concerning when tax liability attaches to Tribal payments, or benefits, provided to their citizens.

  • The TAC created by the Tribal General Welfare Exclusion Act is charged with a broad mandate to advise Treasury and IRS on not only GWE implementation but also other tribal taxation matters.

  • On September 26, 2014, President Obama signed HR 3043, the Tribal General Welfare Exclusion Act, into law as PL 113-168.


More Definitions of General Welfare Exclusion

General Welfare Exclusion means a federal income tax exclusion which allows individuals to exclude certain tribally-distributed benefits from their gross income when calculating federal income tax. For the purposes of this Title, General Welfare Exclusion only refers to the four exemptions described in Chapter 31.02.
Sample 1
General Welfare Exclusion means any benefit shall be treated as nontaxable under federal law so long as it satisfies the requirements for exclusion under Internal Revenue Code Section 139E, it is provided under a safe harbor program, or it meets the General Test.
Sample 1
General Welfare Exclusion means any benefits shall be treated as non-taxable under federal law so long as it satisfies the requirements for exclusion under 26 U.S.C. 139E, it is provided under a Safe Harbor Program, or it meets the General Test.
Sample 1

Related to General Welfare Exclusion

  • High Deductible Health Plan means a Health Plan as defined by 26 USC § 223(c)(2)(A) that also is a Qualified Health Plan.

  • Child welfare services means social services including

  • Child welfare agency means a child-placing agency, child-caring institution or independent foster

  • Welfare Plan means a “welfare plan” as defined in Section 3(1) of ERISA.

  • Classroom exclusion means the exclusion of a student from a classroom or instructional or activity area for behavioral violations, subject to the requirements of WAC 392-400-330 and 392-400-335. Classroom exclusion does not include action that results in missed instruction for a brief duration when:

  • contributory employment and support allowance means an allowance under Part 1 of the Welfare Reform Act 2007 as amended by the provisions of Schedule 3, and Part 1 of Schedule 14, to the Welfare Reform Act 2012 that remove references to an income-related allowance and a contributory allowance under Part 1 of the Welfare Reform Act 2007 as that Part has effect apart from those provisions;

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Permanent exclusion means the student is banned forever from attending a public school in the State of Ohio. (See Policy 5610.01)

  • Health and Safety Plan means a documented plan which addresses hazards identified and includes safe work procedures to mitigate, reduce or control the hazards identified;

  • General anesthesia means a drug-induced loss of consciousness during which patients are not arousable, even by painful stimulation. The ability to independently maintain ventilatory function is often impaired. Patients often require assistance in maintaining a patent airway, and positive pressure ventilation may be required because of depressed spontaneous ventilation or drug-induced depression of neuromuscular function. Cardiovascular function may be impaired.

  • health and safety file means a file, or other record containing the information in writing required by these Regulations "health and safety plan" means a site, activity or project specific documented plan in accordance with the client's health and safety specification;