Substantial Business definition
Examples of Substantial Business in a sentence
I certify that the descriptions of my Mobile Communications and tablet device, if applicable, requirements meet the Substantial Business Reason definition, is accurate and that I will meet the department’s availability requirements.
I certify that the description of my cell phone requirements meets the noncompensatory IRS Substantial Business Reason criteria; that I understand that the use of the service is for university business purposes; and that I am responsible for the purchase of a device and the payment of the service plan to which the university will contribute allowance amounts indicated in this agreement.
None of the Sellers or any other Seller-Related Party is engaged in any material dispute with any Substantial Business Customer relating to the Business.
Because the Substantial Business Reason criteria are not met, the value of the University- owned device or the allowance is a taxable benefit and must be recorded as taxable compensation on my W-2 form.
Check the Substantial Business Reason(s) that apply: The University’s need to contact the employee at all times for work-related emergencies.