1. Short title This Act may be cited as the New Economy Works to Guarantee Independence and Growth Act of 2017 or the NEW GIG Act of 2017 . 2. Determination of worker classification (a) In general Chapter 79 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: 7706. Determination of worker classification (a) In general For purposes of this title (and notwithstanding any provision of this title not contained in this section to the contrary), if the requirements of subsections (b), (c), and (d) are met with respect to any service performed by a service provider, then with respect to such service— (1) the service provider shall not be treated as an employee, (2) the service recipient shall not be treated as an employer, (3) any payor shall not be treated as an employer, and (4) the compensation paid or received for such service shall not be treated as paid or received with respect to employment. (b) General service provider requirements (1) In general The requirements of this subsection are met with respect to any service if the service provider either— (A) meets the requirements of paragraph (2) with respect to such service, or (B) in the case of a service provider engaged in the trade or business of selling (or soliciting the sale of) goods or services, meets the requirements of paragraph (3) with respect to such service. (2) General requirements (A) In general The requirements of this paragraph are met with respect to any service if the service provider, in connection with performing the service— (i) incurs expenses— (I) which are deductible under section 162, and (II) a significant portion of which are not reimbursed, (ii) agrees to perform the service for a particular amount of time, to achieve a specific result, or to complete a specific task, and (iii) satisfies not less than one of the factors described in subparagraph (B). (B) Factors The factors described in this subparagraph are the following: (i) The service provider has a significant investment in assets or