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Chapter 23a - Railroad Unemployment Repayment Tax

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Chapter 23A - Railroad Unemployment Repayment Tax

Sec. 3321. Imposition of tax

(a)   General rule
There is hereby imposed on every rail employer for each calendar month an excise tax, with respect to having individuals in his employ, equal to 4 percent of the total rail wages paid by him during such month.

(b)   Tax on employee representatives

(1)   In general
There is hereby imposed on the income of each employee representative a tax equal to 4 percent of the rail wages paid to him during the calendar month.

(2)   Determination of wages
The rail wages of an employee representative for purposes of paragraph (1) shall be determined in the same manner and with the same effect as if the employee organization by which such employee representative is employed were a rail employer.

(c)   Termination if loans to railroad unemployment fund repaid
The tax imposed by this section shall not apply to rail wages paid on or after the 1st day of any calendar month if, as of such 1st day, there is -

(1)   no balance of transfers made before October 1, 1985, to the railroad unemployment insurance account under section 10(d) of the Railroad Unemployment Insurance Act, and

(2)   no unpaid interest on such transfers.

Sec. 3322. Definitions

(a)   Rail employer
For purposes of this chapter, the term "rail employer" means any person who is an employer as defined in section 1 of the Railroad Unemployment Insurance Act.

(b)   Rail wages
For purposes of this chapter, the term "rail wages" means, with respect to any calendar month, so much of the remuneration paid during such month which is subject to contributions under section 8(a) of the Railroad Unemployment Insurance Act.

(c)   Employee representative
For purposes of this chapter, the term "employee representative" has the meaning given such term by section 1 of the Railroad Unemployment Insurance Act.

(d)   Certain rules made applicable
For purposes of this chapter, rules similar to the rules of section 3307 and 3308 shall apply.

[Sec. 3323. Omitted]