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

Usage

Last Updated: February 11, 2015

SUTA definition

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

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