Qualified business definition

Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.
Qualified business means an eligible business that:
Qualified business means a business entity located in this state.

Examples of Qualified business in a sentence

  • To enroll a loan in the Program PFIs must complete an online enrollment form for each loan verifying the Small Business is a Qualified Business and the loan is a Qualified Loan.


More Definitions of Qualified business

Qualified business means a registered business that:
Qualified business means a seed or early stage business that is domiciled in this state, that has its corporate headquarters in this state, or the majority of whose employees work a majority of their time at a site located in this state.
Qualified business means the same as specified in Section 8070, except that, together with affiliates, the Qualified Business may have 750 or fewer employees.
Qualified business means a business that:
Qualified business means either of the following, as applicable:
Qualified business means any entity eligible under section Health and Safety Code section 44559.1(i) and (m) that together with its affiliates has 1,000 or fewer employees, and that is not dominant in its field of operation. Where the term “Qualified Business” is used in Sections 8078.3 to 8078.7, inclusive, the definition provided in this subdivision shall be used instead of the definition provided in Section 8070(t).
Qualified business means a business other than a real estate investment trust which