Indiana Administrative Code
Title 646 - DEPARTMENT OF WORKFORCE DEVELOPMENT
Article 5 - INDIANA EMPLOYMENT AND TRAINING SERVICES ACT; ADMINISTRATION
Rule 2 - Employer Rights, Responsibilities, and Liability
Section 2-7 - Transfers of Indiana operations
Universal Citation: 646 IN Admin Code 2-7
Current through March 20, 2024
Authority: IC 22-4-18-1; IC 22-4.1-3-3
Affected: IC 22-4; IC 22-4.1
Sec. 7.
(a) An employing unit, whether or not an employer at the time of transfer, that:
(1) acquires all or a portion of an
employer's trade or business (including the employer's workforce), which
results in the continuance of an organization, trade, or business; or
(2) merges, incorporates, or reorganizes the
employing unit's business; immediately qualifies as a covered employer under IC
22-4 and assumes the position of the predecessor with respect to all the
resources and liabilities of the predecessor's experience account. The
successor/acquirer must complete all reports via Employer Self Service or the
current state form approved for such reporting. The predecessor/disposer must
complete all reports via Employer Self Service or the current state form
approved for such reporting. These reports must be filed by the earlier of
thirty (30) days from the dispositions date or ten (10) days from a request for
information by the department.
(b) An employing unit, whether or not an employer at the time of transfer, that:
(1)
acquires a distinct and segregable portion of an organization, trade, or
business; and
(2) retains assets,
which may include the workforce or employees, or both, of that business; shall
be entitled to consider the wages reported by the predecessor/disposer when
computing the tax base per employee, per calendar year. The
predecessor/disposer must transfer a proportionate portion of its experience
balance, and the merit rate, to the successor/acquirer. This must be done by
the earlier of thirty (30) days from the date of disposition or not later than
ten (10) days after notification from the department. The employers must
complete all reports in the manner and form prescribed by the department.
Failure to complete the required forms shall result in the department making an
independent determination with regard to the percentage of the transfer of the
disposer's experience balance to the acquirer's experience
balance.
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