Federal Unemployment Tax Act
- Federal Unemployment Tax Act
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Legislation which requires employers to contribute to a fund that pays unemployment insurance benefits.
Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances
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Category: Business, LLCs & Corporations → Business Tax & Deductions
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Category: Personal Finance & Retirement → Taxes → Tax Audits
Nolo’s Plain-English Law Dictionary.
Gerald N. Hill, Kathleen Thompson Hill.
2009.
- Federal Unemployment Tax Act
-
Federal Unemployment Tax Act (FUTA)
USA
A federal law imposing a tax used to fund benefits for individuals who lose their jobs (26 U.S.C. §§ 3301-3311). Only the employer pays FUTA tax, not the employee.
Practical Law Dictionary. Glossary of UK, US and international legal terms.
www.practicallaw.com.
2010.
Look at other dictionaries:
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