The Utah Tax Commission announced that the workers’ compensation insurance premium tax rate will decrease to 1.15 percent, effective Jan. 1, 2026. This new rate will apply to all taxable workers’ compensation premiums for the 2026 calendar year. Taxpayers are to ensure their estimated quarterly prepayments reflect this updated rate. [Utah State Tax Comm’n, Tax Bulletin 24-25, 11/14/25]
This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.
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