New Hampshire Code of Administrative Rules
Emp - Commissioner, Department of Employment Security
Chapter Emp 300 - EMPLOYER REQUIREMENTS
Part Emp 307 - EMPLOYEE LEASING
Section Emp 307.03 - Common Paymaster Arrangements
Current through Register No. 40, October 3, 2024
(a) For the purposes of Emp 307, an employee leasing arrangement shall not include common paymaster arrangements wherein an employer shares employees with a commonly owned company within the meaning of Section 414(b) and (c) of the Internal Revenue Code of 1986, and which does not hold itself out as an employee leasing company.
(b) A company shall not be considered to hold itself out as an employee leasing company unless its primary business purpose is providing leased employees to client companies which are unrelated to it.
(c)Client companies shall not be considered unrelated to leasing companies if:
(d) An ownership interest of less than 5 percent shall be disregarded in applying paragraph (c).
#5815, eff 4-22-94; ss by INTERIM #5919, eff 11-5-94, EXPIRED: 3-5-95
New. #6142, eff 12-20-95; ss by #8002, INTERIM, eff 12-20-03, EXPIRED: 6-17-04; ss by #8089, eff 5-27-04; renumbered by #10081 (formerly Emp 306.03 )
The amended version of this section by New Hampshire Register Volume 34, Number 41, eff.9/22/2014 is not yet available.
The amended version of this section by New Hampshire Register Volume 35, Number 49, eff.11/12/2015 is not yet available.
