268.0511 Annual payment of small liabilities.
(a) An employer may file contribution reports and pay contributions and assessments for any calendar year on an annual basis if the employer:
(1) has an experience rating of zero for that calendar year;
(2) had total taxable wages paid in the 12-month period ending the prior June 30 of less than five times the state's taxable wage base; and
(3) has no outstanding contribution or assessment liability, including penalties and interest.
(b) Contribution reports and contributions and assessments due under this section for any calendar year shall be paid on or before the following January 31.
HIST: 1997 c 80 s 2
* NOTE: This section, as added by Laws 1997, chapter 80, *section 2, is effective January 1, 1999. Laws 1997, chapter 80, *section 4.
Official Publication of the State of Minnesota
Revisor of Statutes