New Hampshire § 162-Q-1 - Section 162-Q:1 Definition.

§ 162-Q-1. Section 162-Q:1 Definition.

I. In this chapter "qualified tax credit employee" means a new, full-time, year-round employee hired in Coos county for work directly in one or more business activities for which actual wages paid are equal to or greater than 150 percent of the current state minimum wage. "Qualified tax credit employee" does not include an employee who is: (a) Shifted to a new position because of a merger, acquisition, or restructuring; or (b) Laid-off and rehired within 270 days to the same or similar position. (c) Not on the employer's payroll for at least 90 days prior to the date on which the employer claims the credit for the first tax period. II. For the purposes of calculating wages paid to the employee under paragraph I, the amount paid by the employer for medical and dental health care benefits for the employee shall be included in the amount of actual wages paid.