The tax paid by the employer for both the employee and employer:

Name: The tax paid by the employer for both the employee and employer:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The tax paid by the employer for both the employee and employer must be deposited in an authorized depository, such as a bank or other financial institution. This is to ensure that the funds are being properly collected and accounted for by the government. It is not acceptable to simply wait until the company has excess cash to make these payments.

The Tax Paid by the Employer for Both the Employee