Verification review definition

Verification review means an agreed upon procedures report prepared by a qualified certified public accountant. The agreed upon procedures report shall evaluate the taxpayer's assertion of the amount qualifying as qualified production costs within the meaning of section 235-17, HRS, for the taxable year. The report shall test compliance with the elements set forth in section 235-17, HRS, and any relevant administrative rules or administrative guidance issued by the department and Hawaii film office, and shall separately state the total of qualified production costs for which no exceptions were noted. Payments to non-employees must include general excise tax licenses of the non-employees in order to qualify as production costs under
Verification review means the review performed by staff from DMA or designee to confirm an applicant's compliance with the provisions of this Subchapter.

Examples of Verification review in a sentence

  • Your prompt cooperation and submission of any materials or completion of any verification procedures reasonably requested by Sphere during Enhanced Verification review is a condition of maintaining an active Account in good standing.

  • The contractor shall notify the Government it is prepared for Verification during the TM Verification review, 30 days prior to TM Verification.