North Carolina General Statutes 96-9.3. Determination of taxable wages
(a) Determination. – The Division must determine the taxable wages for each calendar year. An employer is not liable for contributions on wages paid to an employee in excess of taxable wages. The taxable wages of an employee is an amount equal to the greater of the following:
(1) The federal taxable wages set in section 3306 of the Code.
Terms Used In North Carolina General Statutes 96-9.3
- following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories, so called; and the words "United States" shall be construed to include the said district and territories and all dependencies. See North Carolina General Statutes 12-3
(2) Fifty percent (50%) of the average yearly insured wage, rounded to the nearest multiple of one hundred dollars ($100.00). The average yearly insured wage is the average weekly wage on the computation date multiplied by 52.
(b) Wages Included. – The following wages are included in determining whether the amount of wages paid to an individual in a single calendar year exceeds taxable wages:
(1) Wages paid to an individual in this State by an employer that made contributions in another state upon the wages paid to the individual because the work was performed in the other state.
(2) Wages paid by a successor employer to an individual when all of the following apply:
a. The individual was an employee of the predecessor and was taken over as an employee by the successor as a part of the organization acquired.
b. The predecessor employer paid contributions on the wages paid to the individual while in the predecessor’s employ during the year of acquisition.
c. The account of the predecessor is transferred to the successor. (2013-2, s. 2(b); 2013-224, s. 19.)