Section 19-2814. DISTRICT-BASED BUSINESS ENTERPRISES

 

2814.1In order to qualify as a District-based business, a business enterprise, including a sole proprietorship, shall be required to satisfy all of the following criteria:

 

(a)The business, if required to be licensed in the District under the general business and professional license law, D. C. Code §§ 47-2801 et seq., or other District law or regulations, has the required license in force;

 

(b)The business is subject to the District of Columbia Income and Franchise Taxes Act of 1947, D.C. Code §§ 47-1807 et seq., and at least sixty percent (60%) of the net income of the business is taxable income, as defined in D.C. Code §§ 47-1806.1 or 47-1808.2, whichever is applicable;

 

(c)At least sixty percent (60%) of the amount deducted as wages of employees of the business for District income tax purposes is paid to residents of the District; and

 

(d)The principal office of the business is located in the District.

 

2814.2For the purpose of this chapter, the definition of “principal office” as set forth in section 1199 of Title 27 DCMR (Contracts and Procurements) is incorporated in these regulations.

 

source

Final Rulemaking published at 37 DCR 4081, 4096-97 (June 22, 1990).

EditorNote

“Title 27 DCMR (Contracts and Procurement)” was substituted for “DCMR 27 D.C. Procurement Regulations.”