District of Columbia § 47-1817.05 Tax credit to Qualified High Technology Companies for wages to qualified disadvantaged employees.

District of Columbia Statutes

§ 47-1817.05 — Tax credit to Qualified High Technology Companies for wages to qualified disadvantaged employees.

District of Columbia § 47-1817.05

Title 47Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]

Ch. 18Income and Franchise Taxes.

Subch. XVIIQualified High Technology Companies.

This text of District of Columbia § 47-1817.05 (Tax credit to Qualified High Technology Companies for wages to qualified disadvantaged employees.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 47-1817.05 (2026).

Text

(a)Except as provided in subsection (b) of this section, for taxable years beginning after December 31, 2000, a Qualified High Technology Company shall be allowed a credit against the tax imposed by § 47-1817.06 equal to 50% of the wages paid to a qualified disadvantaged employee, as defined in § 47-1817.04 , during the first 24 calendar months of employment.

(b)The credit under subsection (a) of this section shall not be allowed:

(1)To exceed $15,000 in a taxable year for a qualified disadvantaged employee; or

(2)If the Qualified High Technology Company accords the qualified disadvantaged employee lesser benefits or rights than it accords other employees in similar jobs.

(c)[Repealed].

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(a) Except as provided in subsection (b) of this section, for taxable years beginning after December 31, 2000, a Qualified High Technology Company shall be allowed a credit against the tax imposed by § 47-1817.06 equal to 50% of the wages paid to a qualified disadvantaged employee, as defined in § 47-1817.04 , during the first 24 calendar months of employment.

(b) The credit under subsection (a) of this section shall not be allowed:

(1) To exceed $15,000 in a taxable year for a qualified disadvantaged employee; or

(2) If the Qualified High Technology Company accords the qualified disadvantaged employee lesser benefits or rights than it accords other employees in similar jobs.

(c) [Repealed].