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distinct periods, provided the taxpayer satisfies the requirements of this section for each <br /> period. <br /> 2. A "new full-time employment position" means a permanent, full-time position that has <br /> not been filled by the taxpayer at anytime in the five preceding years or which has not <br /> been located within the City at anytime in the five preceding years. <br /> a. "Full-time" means a position that is filled by one employee who works a normal work <br /> week of at least thirty-five (35) hours. <br /> b. The employee filling the new full-time employment position must perform work <br /> primarily at locations within the City for the relevant periods specified under this <br /> section. For the purposes of this subsection, "primarily" means that the employee will <br /> perform at least fifty-one percent(51%) of his or her job duties in the City. <br /> c. If an employee is voluntarily or involuntarily separated from employment, the new <br /> full-time employment position is considered filled on a full-time basis if the taxpayer <br /> actively seeks a replacement and does not allow the position to remain vacant for <br /> more than ninety (90) days in any four consecutive quarters, which time may be <br /> extended an additional thirty (30) days by the director upon a showing of good cause. <br /> d. A position is a new full-time employment position only if, when filled, it results in a <br /> net increase in the taxpayer's total number of full-time employment positions located <br /> within the City. <br /> e. New full-time employment positions filled by existing employees performing work <br /> primarily within the City are eligible for the credit under this section only if the <br /> position vacated by the existing employee is filled by a new hire. <br /> f. A taxpayer does not create any new full-time employment positions for purposes of <br /> this section by: (1) purchasing a business already located within the City; (2) moving <br /> a business already located within the City to a new location; or (3) being annexed into <br /> the City. <br /> 3. To qualify for this credit the taxpayer must report, on each return filed after this section is <br /> effective, the taxpayer's total number of full-time employment positions. <br /> 4. This credit may be claimed at the end of the fourth consecutive quarter in which fifty (50) <br /> or more new full-time employment positions were created or, upon the taxpayer's request <br /> by written application, following creation of the last new full-time employment position <br /> for which credit will be claimed in that period. <br /> 5. The taxpayer must attach an application, provided by the City, to the return due at the <br /> conclusion of the four consecutive quarters in which fifty (50) or more new full-time <br /> employment positions were created, or on the return due at the time of the taxpayer's <br /> application specified in subsection C.4 of this section. <br /> 6. On the return following the creation of the first new full-time employment position for <br /> which credit will be claimed, the taxpayer shall attach its two most recent Quarterly Tax <br /> Summary Washington State Unemployment Insurance Reports filed with the State. On <br /> each return submitted to the City thereafter, and for three years following the return on <br /> 2 <br />