Loan out company definition

Loan out company means a personal service corporation or
Loan out company means a personal service corporation or other entity that is contracted with by the taxpayer to provide specified individual personnel, such as artists, crew, actors, producers, or directors for the performance of services used directly in a production. "Loan out company" shall not include entities contracted with by the taxpayer to provide goods or ancillary contractor services such as catering, construction, trailers, equipment, or transportation.
Loan out company or "loan-out" means a wholly- owned entity formed on behalf of an actor, performer, director, producer, or other "above the line" cast or crewmember of a qualified production, which serves as a separate entity that constitutes the individual's means of contracting with a qualified production for services rendered by the "above the line" cast or crew member. A loan-out company may employ more than one person.

Examples of Loan out company in a sentence

  • Loan-Out Company means the corporation through which the lent-out Employee furnishes his or her services.

  • If the Loan-Out Company is newly formed and has not yet filed tax returns, the Employee may be asked to provide a Shareholder Register.


More Definitions of Loan out company

Loan out company or "loan-out" means a wholly owned entity formed on behalf of an actor, performer, director, producer, or other such "above the line" cast or crewmember of a qualified production, that constitutes an "above the line" cast or crewmember's means of contracting with a qualified production for services rendered. A loan-out company may employ more than one person.
Loan out company means and includes a corporation, partnership, limited liability company, S-corporation, association, nominee trust, or any other entity through which an artist or other person is loaned out to perform services for the motion picture production company. Regardless of structure, employees or other persons of such loan-out companies and the loan out company itself shall be subject to all applicable provisions of the Rhode Island personal income tax and any applicable payroll or other tax provisions. A loan-out company shall be registered with the Rhode Island Secretary of State and the Rhode Island division of taxation.
Loan out company means a wholly-owned entity formed on behalf of a person that serves as a separate entity that constitutes the person's means of entering a contact with a third party for the purpose of providing services to the third party."
Loan out company for purposes of this Article is defined as a company controlled by the loaned-out employee, who is the only employee of the loan-out company who performs work covered by this Agreement.
Loan out company means a personal service corporation or other entity contracted and retained by a motion picture production company or another entity to provide individual personnel including, but not limited to, artists, crew, actors, directors, and producers for the performance of services used directly in production or post‑production of a motion picture filmed in this State, but does not include entities retained by a motion picture production company to provide tangible property or outsider contractor services, such as catering, construction, trailers, equipment, and transportation.
Loan out company means a personal service corporation or other entity that is
Loan out company means a personal service corporation that