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Eligible employer

(A) In general The term “eligible employer” means any employer— (i) which was carrying on a trade or business during the calendar quarter for which the credit is determined under subsection (a), and (ii) with respect to any calendar quarter, for which— (I) the operation of the trade or business described in clause (i) is fully or partially suspended during the calendar quarter due to orders from an appropriate governmental authority limiting commerce, travel, or group meetings (for commercial, social, religious, or other purposes) due to the coronavirus disease 2019 (COVID–19), (II) the gross receipts (within the meaning of section 448(c)) of such employer for such calendar quarter are less than 80 percent of the gross receipts of such employer for the same calendar quarter in calendar year 2019, or (III) the employer is a recovery startup business (as defined in paragraph (5)). With respect to any employer for any calendar quarter, if such employer was not in existence as of the beginning of the same calendar quarter in calendar year 2019, clause (ii)(II) shall be applied by substituting “2020” for “2019”.

(B) Election to use alternative quarter At the election of the employer— (i) subparagraph (A)(ii)(II) shall be applied— (I) by substituting “for the immediately preceding calendar quarter” for “for such calendar quarter”, and (II) by substituting “the corresponding calendar quarter in calendar year 2019” for “the same calendar quarter in calendar year 2019”, and (ii) the last sentence of subparagraph (A) shall be applied by substituting “the corresponding calendar quarter in calendar year 2019” for “the same calendar quarter in calendar year 2019”. An election under this subparagraph shall be made at such time and in such manner as the Secretary shall prescribe.

(C) Tax-exempt organizations In the case of an organization which is described in section 501(c) and exempt from tax under section 501(a)— (i) clauses (i) and (ii)(I) of subparagraph (A) shall apply to all operations of such organization, and (ii) any reference in this section to gross receipts shall be treated as a reference to gross receipts within the meaning of section 6033.

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statutes/26/3134/c.yaml

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Rules

section_3111_b_applicable_employment_tax_component

Derived

source: 26 USC 3134(c)(1)(A)

- name: section_3111_b_applicable_employment_tax_component
  kind: derived
  entity: Employer
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 3134(c)(1)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: The taxes imposed under section 3111(b).
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/3111/b#hospital_insurance_employer_tax
            output: hospital_insurance_employer_tax
            hash: sha256:02cb26afb163a49113d15e8cea6adc2f2c8e82e67a2dc46b905950d39c2f198e
  versions:
    - effective_from: '2021-01-01'
      formula: max(0, hospital_insurance_employer_tax)

gross_receipts_decline_threshold

Parameter

source: 26 USC 3134(c)(2)(A)(ii)(II)

- name: gross_receipts_decline_threshold
  kind: parameter
  dtype: Rate
  source: 26 USC 3134(c)(2)(A)(ii)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: less than 80 percent
  versions:
    - effective_from: '2021-01-01'
      formula: '0.80'

severely_financially_distressed_gross_receipts_threshold

Parameter

source: 26 USC 3134(c)(3)(C)(ii)

- name: severely_financially_distressed_gross_receipts_threshold
  kind: parameter
  dtype: Rate
  source: 26 USC 3134(c)(3)(C)(ii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: substituting "less than 10 percent" for "less than 80 percent"
  versions:
    - effective_from: '2021-01-01'
      formula: '0.10'

qualified_wages_large_employer_full_time_employee_threshold

Parameter

source: 26 USC 3134(c)(3)(A)

- name: qualified_wages_large_employer_full_time_employee_threshold
  kind: parameter
  dtype: Count
  source: 26 USC 3134(c)(3)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: greater than 500
  versions:
    - effective_from: '2021-01-01'
      formula: '500'

recovery_startup_business_average_annual_gross_receipts_limit

Parameter

source: 26 USC 3134(c)(5)(B)

- name: recovery_startup_business_average_annual_gross_receipts_limit
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 3134(c)(5)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: does not exceed $1,000,000
  versions:
    - effective_from: '2021-01-01'
      formula: '1000000'

recovery_startup_business_gross_receipts_period_taxable_years

Parameter

source: 26 USC 3134(c)(5)(B)

- name: recovery_startup_business_gross_receipts_period_taxable_years
  kind: parameter
  dtype: Count
  source: 26 USC 3134(c)(5)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: for the 3-taxable-year period
  versions:
    - effective_from: '2021-01-01'
      formula: '3'

default_health_plan_expense_allocation_properly_made

Derived

source: 26 USC 3134(c)(4)(B)(ii)

- name: default_health_plan_expense_allocation_properly_made
  kind: derived
  entity: Employer
  dtype: Judgment
  period: Year
  source: 26 USC 3134(c)(4)(B)(ii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: default
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: Except as otherwise provided by the Secretary
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: pro rata among periods of coverage
  versions:
    - effective_from: '2021-01-01'
      formula: |-
        not secretary_otherwise_provides_health_plan_expense_allocation_method
        and health_plan_expense_allocation_made_pro_rata_among_periods_of_coverage

▸citations (4)

References

This rule cites 4 other rules.

26 USC § 448 (c)inferredUS Federal › Statutes › Title 26 › § 448 › (c)
26 USC § 501 (c)inferredUS Federal › Statutes › Title 26 › § 501 › (c)
26 USC § 501 (a)inferredUS Federal › Statutes › Title 26 › § 501 › (a)
26 USC § 6033inferredUS Federal › Statutes › Title 26 › § 6033

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us/statute/26/3134/c/2 — Eligible employer · Axiom

Eligible employer

Official source

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statutes/26/3134/c.yaml

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Rules

section_3111_b_applicable_employment_tax_component

Derived

source: 26 USC 3134(c)(1)(A)

- name: section_3111_b_applicable_employment_tax_component
  kind: derived
  entity: Employer
  dtype: Money
  period: Year
  unit: USD
  source: 26 USC 3134(c)(1)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: The taxes imposed under section 3111(b).
        - path: versions[0].formula
          kind: import
          import:
            target: us:statutes/26/3111/b#hospital_insurance_employer_tax
            output: hospital_insurance_employer_tax
            hash: sha256:02cb26afb163a49113d15e8cea6adc2f2c8e82e67a2dc46b905950d39c2f198e
  versions:
    - effective_from: '2021-01-01'
      formula: max(0, hospital_insurance_employer_tax)

gross_receipts_decline_threshold

Parameter

source: 26 USC 3134(c)(2)(A)(ii)(II)

- name: gross_receipts_decline_threshold
  kind: parameter
  dtype: Rate
  source: 26 USC 3134(c)(2)(A)(ii)(II)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: less than 80 percent
  versions:
    - effective_from: '2021-01-01'
      formula: '0.80'

severely_financially_distressed_gross_receipts_threshold

Parameter

source: 26 USC 3134(c)(3)(C)(ii)

- name: severely_financially_distressed_gross_receipts_threshold
  kind: parameter
  dtype: Rate
  source: 26 USC 3134(c)(3)(C)(ii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: substituting "less than 10 percent" for "less than 80 percent"
  versions:
    - effective_from: '2021-01-01'
      formula: '0.10'

qualified_wages_large_employer_full_time_employee_threshold

Parameter

source: 26 USC 3134(c)(3)(A)

- name: qualified_wages_large_employer_full_time_employee_threshold
  kind: parameter
  dtype: Count
  source: 26 USC 3134(c)(3)(A)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: greater than 500
  versions:
    - effective_from: '2021-01-01'
      formula: '500'

recovery_startup_business_average_annual_gross_receipts_limit

Parameter

source: 26 USC 3134(c)(5)(B)

- name: recovery_startup_business_average_annual_gross_receipts_limit
  kind: parameter
  dtype: Money
  unit: USD
  source: 26 USC 3134(c)(5)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: amount
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: does not exceed $1,000,000
  versions:
    - effective_from: '2021-01-01'
      formula: '1000000'

recovery_startup_business_gross_receipts_period_taxable_years

Parameter

source: 26 USC 3134(c)(5)(B)

- name: recovery_startup_business_gross_receipts_period_taxable_years
  kind: parameter
  dtype: Count
  source: 26 USC 3134(c)(5)(B)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: for the 3-taxable-year period
  versions:
    - effective_from: '2021-01-01'
      formula: '3'

default_health_plan_expense_allocation_properly_made

Derived

source: 26 USC 3134(c)(4)(B)(ii)

- name: default_health_plan_expense_allocation_properly_made
  kind: derived
  entity: Employer
  dtype: Judgment
  period: Year
  source: 26 USC 3134(c)(4)(B)(ii)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: default
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: Except as otherwise provided by the Secretary
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/26/3134
            excerpt: pro rata among periods of coverage
  versions:
    - effective_from: '2021-01-01'
      formula: |-
        not secretary_otherwise_provides_health_plan_expense_allocation_method
        and health_plan_expense_allocation_made_pro_rata_among_periods_of_coverage

▸citations (4)

References

This rule cites 4 other rules.

26 USC § 448 (c)inferredUS Federal › Statutes › Title 26 › § 448 › (c)
26 USC § 501 (c)inferredUS Federal › Statutes › Title 26 › § 501 › (c)
26 USC § 501 (a)inferredUS Federal › Statutes › Title 26 › § 501 › (a)
26 USC § 6033inferredUS Federal › Statutes › Title 26 › § 6033