New Employment Credit Reservation | Employer Information

Employer Qualification: Only an employer who is a qualified taxpayer may receive a tentative credit reservation for a qualified full-time employee.

The following is the employer qualification assessment.

Individual

Estate

Trust

C Corporation

S Corporation

General Partnership

Limited Partnership

Limited Liability Partnership

Limited Liability Company Treated as a Partnership

Limited Liability Company Treated as a Corporation

Exempt Organization with Unrelated Business Income

Semiconductor manufacturing, or research and development, that has applied, or intends to apply, for funding under the federal Creating Helpful Incentives to Produce Semiconductors (CHIPS) Act of 2022. (NAICS Code category 3344)

Electric airplane manufacturing that has received a sales and use tax exclusion as an electric vertical takeoff and landing (eVTOL) manufacturer (NAICS Code category 3364)

Lithium production as defined under the California Lithium Extraction Tax Law (NAICS Codes 212390 or 325180)

Lithium battery manufacturing (NAICS Code 335910) as at least 50% of your primary business

All other business types