Unemployment Compensation Tax


Also found in: Acronyms.

Unemployment Compensation Tax

A tax levied on an employer that pays the unemployment insurance for the unemployed labor force. The tax is assessed as a proportion of the employer's payroll; the employer generally passes on payment of the tax to his/her employees.
References in periodicals archive ?
Any business or individual that prepared and filed unemployment compensation tax reports for five or more employers during the previous year.
23 /PRNewswire-USNewswire/ -- Pennsylvania businesses are receiving new, simplified unemployment compensation tax forms for 2007 that reflect employer feedback, said Labor & Industry Secretary Stephen M.
8 /PRNewswire/ -- The Lancaster Field Accounting Service office of Unemployment Compensation Tax Services will temporarily relocate on Dec.

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