R994-207-103
R994-207-103. Corporate Officer
Cite as Utah Admin. Code R994-207-103
(1) The claimant will be presumed to be performing services for a corporation if the claimant is a corporate officer receiving wages or other compensation including a car, house, or other benefits of a determinable value.
(2) The payment of dividends, bonuses, and stock payments to the claimant based on the claimant's ownership is not compensation for service and not considered wages.