State Of Connecticut Audits WWE

Posted by Michael Bluth May 27, 2011 0 Comment

According to Business Week, the state of Connecticut is auditing WWE. WWE was ordered to pay just over $7,000 in underpaid unemployment compensation and are doing so under protest. The amount was likely larger, but the audit also found that WWE’s payroll company overpaid on taxable payroll wages in both 2008 and 2009, so they were credited the money owed.

WWE differed with the state’s decision for five employees to be considered “talent” when most appeared only sporadically. WWE also maintained that 23 people the state believes should be considered employees for purposes of unemployment compensation taxes were actually temporary workers. These people also do not work for the company any longer. Some of these employees were used in the blurring of the old WWF logo, which happened some time back. According to the article, WWE was not actually fined.

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