Reduced Rate
Reduced Rate means:
a rate of employer's contributions lower than the standard rate applicable under state law for purposes of the unemployment insurance tax. IRC.
§3303(c)(8).
U.S. and other Developed Countries International Tax Meaning
In many countries the ordinary rates of tax charged under various tax laws may be reduced in particular situations. For example, under tax treaties, reduced withholding tax rates often apply to dividends, interest and royalties.
See Dividend in the American Legal Encyclopedia and Dividend in the World Legal Encyclopedia.
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