Skip to Content

Notice

Publication of the Tier 2 Tax Rates

Document Details

Information about this document as published in the Federal Register.

Published Document

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

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]

BILLING CODE 4830-01-P