Notices. Notice

190 words·~1 min read·/register/2018/11/23/2018-25459

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

BILLING CODE 4810-AL-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 2019 as required by section 3241(d) of the Internal Revenue Code. 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 2019 apply to compensation paid in calendar year 2019.

FOR FURTHER INFORMATION CONTACT: Kathleen Edmondson, CC:TEGE:EOEG:ET1, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224, Telephone Number

(202)317-6798 (not a toll-free number). *Tier 2 Tax Rates:* The tier 2 tax rate for 2019 under section 3201(b) on employees is 4.9 percent of compensation. The tier 2 tax rate for 2019 under section 3221(b) on employers is 13.1 percent of compensation. The tier 2 tax rate for 2019 under section 3211(b) on employee representatives is 13.1 percent of compensation. Dated: November 14, 2018. Victoria A. Judson, Associate Chief Counsel (Tax Exempt and Government Entities). [FR Doc. 2018-25459 Filed 11-21-18; 8:45 am]