Source: https://development.code.dccouncil.us/dc/council/code/sections/47-1807.08.html
Timestamp: 2019-04-21 18:33:26+00:00

Document:
D.C. Law Library - § 47–1807.08. Tax credit for corporations that provide an employee paid leave to serve as an organ or bone marrow donor.
↪ Subchapter VII. Tax on Corporations and Financial Institutions.
↪ § 47–1807.08. Tax credit for corporations that provide an employee paid leave to serve as an organ or bone marrow donor.
§ 47–1807.07. Employer-assisted home purchase tax credit.
§ 47–1807.09. Job growth tax credit.
§ 47–1807.08. Tax credit for corporations that provide an employee paid leave to serve as an organ or bone marrow donor.
(a) For the purposes of this section, the term “donor” means an individual who makes a gift of an organ, including eyes, or bone marrow.
(b)(1) If in addition to any medical, personal, or other paid leave, including credit for time of service, provided by a corporation, the corporation provides an employee a paid leave of absence to serve as an organ or bone marrow donor, the corporation may claim a nonrefundable credit equal to 25% of the regular salary paid during the taxable year for the leave of absence, not to exceed 30 days for an organ donation and 7 days for a bone marrow donation.
(2) If the corporation elects to claim the credit, an amount equal to the salary or wages upon which the 25% credit is computed shall not be allowed as a deduction.
(3) The credit shall not reduce the minimum tax liability of $100 [now $250] under § 47-1807.02(b).
(c) This section shall not apply if the employee is eligible for leave under the Family and Medical Leave Act of 1993, approved February 5, 1993 (107 Stat. 6; 29 U.S.C. § 2601 et seq.).
(d) The Chief Financial Officer or his delegate shall promulgate regulations as may be necessary and appropriate to carry out provisions of this section.
D.C. Law 17-353 validated a previously made technical correction in subsec. (b)(3).
For temporary (90 day) addition, see § 2(c) of Employment of Returning Veteran’s Tax Credit Emergency Act of 2008 (D.C. Act 17-654, January 6, 2009, 56 DCR 933).
“§ 47-1807.09. Tax credit for hiring qualified veterans.
“(1) ‘Armed Forces’ shall include any branch of the United States Military, including the Army, Navy, Marines, Air Force, Coast Guard, or any National Guard or reserve deployment lasting 6 continuous months or longer.
“(F) Is not currently employed in a facility owned or operated by the District business seeking the tax credit under this section.
“(b) For taxable years beginning on or after January 1, 2009, an employer shall be allowed a credit against the tax imposed by § 47-1807.02 in an amount equal to 10% of the wages paid by the employer to a qualified veteran during the first 24 calendar months in which the employer employs the qualified veteran. The credit under this section shall not exceed $5,000 in the aggregate for each qualified veteran who is employed.
“(3) A total of $2,500 for each eligible veteran.
“(7) If the qualified veteran moves his or her residence outside the District of Columbia during the 24-month period.”.
Section 5(b) of D.C. Law 17-384 provided that the act shall expire after 225 days of its having taken effect.
Applicability: Section 7080 of D.C. Law 17-219 repealed section 3 of D.C. Law 16-211.

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