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单词 lookback period
释义

lookback period

Definition
The timeframe used to determine whether a company is paying employment taxes on the correct depositing schedule. The lookback period begins on July 1 and ends on June 30 of the following year. Based on the total amount of taxes paid during this time period, a company is to determine whether it should pay taxes on a semiweekly or monthly basis.
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更新时间:2025/4/18 15:56:07