SUTA

What does SUTA stand for?

State Unemployed Tax Act

A tax acronym that refers to the tax paid by the employer on the state level to fund the state unemployment insurance system; similar to FUTA but occurs on the state level instead of the federal level; tax rate is determined by the state.

Example

Since I don't have to pay a SUTA rate in my state, I think I have to pay the whole 6% FUTA rate

Related Slang

Categories

Updated February 11, 2015

SUTA definition by Slang.net

This page explains what the acronym "SUTA" means. The definition, example, and related terms listed above have been written and compiled by the Slang.net team.

We are constantly updating our database with new slang terms, acronyms, and abbreviations. If you would like to suggest a term or an update to an existing one, please let us know!