Description and Analysis of Proposals Relating to Tax Incentives for Enterprise Zones (H. R. 11, H. R. 23, and Other Proposals): Scheduled for ... House Committee on Ways and Means on June 25 - Tapa dura

Sinopsis

Excerpt from Description and Analysis of Proposals Relating to Tax Incentives for Enterprise Zones (H. R. 11, H. R. 23, and Other Proposals): Scheduled for Hearings Before the Subcommittee on Select Revenue Measures of the House Committee on Ways and Means on June 25 and July 11, 1991

Under present law, the income tax liability of an employer does not vary based on where an employee performs services on behalf of the employer. The targeted jobs tax credit under present law, however, provides an income tax credit to employers for a portion of the wages paid to certain employees, who generally are either economically disadvantaged or participating in a Specific education or rehabilitation program.

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