Current through Register Vol. 48, No. 5, May 24, 2024
Section 47-6 - Benefit Ratio for Zero Taxable WagesA. If on the rate computation date there are zero taxable wages and zero benefit charges during the rate computation period when computing the tax year's benefit ratio, the employer will be assigned the prior year's tax class. If the employer does not have a prior year tax class, the employer will be assigned tax class twelve.B. If on the rate computation date the employer has benefit charges and zero taxable wages during the rate computation period when computing the tax year's benefit ratio, the employer will be assigned to the prior year's tax class. If the employer does not have a prior year tax class, the employer will be assigned tax class thirteen.Added by State Register Volume 35, Issue No. 6, eff June 24, 2011; State Register Volume 47, Issue No. 05, eff. 5/26/2023.