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What are the Current Minimum and Maximum Tax Rates?

April 26, 2017maximum minimum rates tax

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What are the Current Minimum and Maximum Tax Rates?

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For 2009, the minimum overall tax rate is .2% and the maximum overall tax rate is 9.2%. Employers who have not paid all contributions for the fiscal year ending June 30th may be assessed a delinquent payment surcharge of 1.0%, which is in addition to the overall tax rate.