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PeopleSoft Human Resources, Payroll for North America and Payroll Interface Position Statement: New York Employer Compensation Expense Program (ECEP) (Doc ID 2443798.1)

Last updated on SEPTEMBER 05, 2018

Applies to:

PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
PeopleSoft Enterprise HCM Payroll for North America - Version 9.2 to 9.2 [Release 9]
PeopleSoft Enterprise HCM Payroll Interface - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Purpose

The New York Department of Taxation and Finance has established a new optional Employer Compensation Expense Tax (ECET) that employers can elect to pay if they have employees earning over $40,000 annually in wages and compensation in New York State.

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