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Code · REGISTER · 2012-11-30 · Internal Revenue Service (IRS), Treasury · Rules and Regulations

Rules and Regulations. Notice

194 words·~1 min read·/register/2012/11/30/2012-28930

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BILLING CODE 4830-01-P DEPARTMENT OF THE TREASURY Internal Revenue Service Publication of the Tier 2 Tax Rates AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice. SUMMARY: Publication of the tier 2 tax rates for calendar year 2013 as required by section 3241(d) of the Internal Revenue Code (26 U.S.C. 3241). Tier 2 taxes on railroad employees, employers, and employee representatives are one source of funding for benefits under the Railroad Retirement Act. DATES: The tier 2 tax rates for calendar year 2013 apply to compensation paid in calendar year 2013.
FOR FURTHER INFORMATION CONTACT: Kathleen Edmondson, CC:TEGE:EOEG:ET1, Internal Revenue Service, 1111 Constitution Avenue NW., Washington, DC 20224, Telephone Number
(202)622-0047 (not a toll-free number). TIER 2 TAX RATES: The tier 2 tax rate for 2013 under section 3201(b) on employees is 4.4 percent of compensation. The tier 2 tax rate for 2013 under section 3221(b) on employers is 12.6 percent of compensation. The tier 2 tax rate for 2013 under section 3211(b) on employee representatives is 12.6 percent of compensation. Dated: November 21, 2012. Victoria A. Judson, Division Counsel/Associate Chief Counsel (Tax Exempt and Government Entities). [FR Doc. 2012-28930 Filed 11-29-12; 8:45 am]
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