A state charges a basic SUTA tax rate of 5.4 percent. Because of an excellent experience rating,
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A state charges a basic SUTA tax rate of 5.4 percent. Because of an excellent experience rating, an employer in the state has to pay only 1.0 percent of the taxable payroll as state tax. What is the percentage to be used in computing the credit against the federal unemployment tax?
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Under the experience rating system the state tax rate may b...View the full answer
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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