The Purpose of the Work Opportunity Tax Credit Is to Encourage

question 32

True/False

The purpose of the work opportunity tax credit is to encourage employers to hire individuals from specified target groups traditionally subject to high rates of unemployment.

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Definitions:

Net Losses

The amount by which a company's expenses exceed its revenues over a specific period, indicating a financial loss.

Par Value

The nominal or face value of a bond, share of stock, or coupon as stated by the issuer.