North Carolina Administrative Code
Title 04 - COMMERCE
Chapter 24 - EMPLOYMENT SECURITY
Subchapter D - TAX ADMINISTRATION
Section .0400 - VOLUNTARY ELECTION AND PAYMENTS
Section 24D .0402 - ELECTION TO REIMBURSE IN LIEU OF CONTRIBUTIONS
Current through Register Vol. 39, No. 6, September 16, 2024
(a) A new qualifying employer under G.S. 96-9.6 electing to pay reimbursements for benefits, rather than contributions, shall make the election by writing a letter stating their election to DES's Tax Administration Section as provided in 04 NCAC 24A .0104(x) within 30 days after the employer receives written notification from the Division that it is eligible to make an election as defined under G.S. 96-9.6.
(b) A qualifying employer under G.S. 96-9.6 electing to pay reimbursements for benefits, rather than contributions, shall within 30 days before the January 1 effective date, make the election by sending a letter stating their election to DES's Tax Administration Section pursuant to 04 NCAC 24A .0104(x).
Authority
G.S.
96-4;
96-9.6;
96-9.8;
26 U.S.C.
3309;
Eff. July 1,
2015;
Amended Eff. July 1, 2018.
