Pub. L. 82-183, tit. II, sec. 201

PERCENTAGE METHOD OF WITHHOLDING.

EnactedYear: 1951Length: 69 wordsOfficial source

SEC. 201. PERCENTAGE METHOD OF WITHHOLDING. Section 1622 (a) (relating to percentage method of withholding on wages) is hereby amended by inserting before the period at the end thereof the following: “, except that in the case of wages paid on or after November 1, 1951, and before January 1, 1954, the tax shall be equal to 20 per centum of such excess in lieu of 18 per centum”.