26 USC 45P - Employer wage credit for employees who are active duty members of the uniformed services

U.S Code last checked for updates: May 18, 2024

§ 45P.

Employer wage credit for employees who are active duty members of the uniformed services

(a)

General rule

(b)

Definitions

For purposes of this section—

(1)

Eligible differential wage payments

(2)

Qualified employee

(3)

Controlled groups

(c)

Coordination with other credits

(d)

Disallowance for failure to comply with employment or reemployment rights of members of the reserve components of the Armed Forces of the United States

No credit shall be allowed under subsection (a) to a taxpayer for—

(1)

any taxable year, beginning after the date of the enactment of this section, in which the taxpayer is under a final order, judgment, or other process issued or required by a district court of the United States under section 4323 of title 38 of the United States Code with respect to a violation of chapter 43 of such title, and

(2)

the 2 succeeding taxable years.

(e)

Certain rules to apply

(Added Pub. L. 110–245, title I, § 111(a), June 17, 2008, 122 Stat. 1634; amended Pub. L. 111–312, title VII, § 736(a), Dec. 17, 2010, 124 Stat. 3318; Pub. L. 112–240, title III, § 308(a), Jan. 2, 2013, 126 Stat. 2329; Pub. L. 113–295, div. A, title I, § 118(a), Dec. 19, 2014, 128 Stat. 4015; Pub. L. 114–113, div. Q, title I, § 122(a), (b), Dec. 18, 2015, 129 Stat. 3052.)

cite as: 26 USC 45P