26Title 26The US tax code, read & explained

26 U.S.C. § 3221

§ 3221. Rate of tax

168 words · amended 19 times · cited by 6 other sections

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No plain-English explainer yet. Below is the official text. Explainers are being added section by section.

History

Part of the code since 1954. Last changed March 23, 2018 by the Consolidated Appropriations Act, 2018.

Every change, newest first (21)
  1. March 23, 2018Consolidated Appropriations Act, 2018
  2. December 19, 2014Tax Increase Prevention Act of 2014
  3. March 18, 2010Public Law 111-147
  4. December 21, 2001Public Law 107-90
  5. November 5, 1990Omnibus Budget Reconciliation Act of 1990
  6. December 22, 1987Omnibus Budget Reconciliation Act of 1987
  7. August 12, 1983Public Law 98-76
  8. August 13, 1981Economic Recovery Tax Act of 1981
  9. October 4, 1976Tax Reform Act of 1976
  10. August 9, 1975Public Law 94-93
  11. October 16, 1974Public Law 93-445
  12. July 10, 1973Public Law 93-69
  13. March 17, 1970Public Law 91-215
  14. October 30, 1966Public Law 89-700
  15. October 30, 1966Public Law 89-699
  16. September 29, 1965Public Law 89-212
  17. July 30, 1965Public Law 89-97
  18. October 5, 1963Public Law 88-133
  19. May 19, 1959Public Law 86-28
  20. August 31, 1954Internal Revenue Code of 1954 (original text)
  21. August 16, 1954Internal Revenue Code of 1954 (original text)

The law as written

Current through Public Law 119-102. Amendment notes omitted.

Structure

  1. (a) Tier 1 tax
  2. (b) Tier 2 tax
  3. (c) Cross reference
(a) Tier 1 tax

In addition to other taxes, there is hereby imposed on every employer an excise tax, with respect to having individuals in his employ, equal to the applicable percentage of compensation paid during any calendar year by such employer for services rendered to such employer. For purposes of the preceding sentence, the term “applicable percentage” means the percentage equal to the sum of the rates of tax in effect under subsections (a) and (b) of section 3111 for the calendar year.

(b) Tier 2 tax

In addition to other taxes, there is hereby imposed on every employer an excise tax, with respect to having individuals in his employ, equal to the percentage determined under section 3241 for any calendar year of the compensation paid during such calendar year by such employer for services rendered to such employer.

(c) Cross reference

For application of different contribution bases with respect to the taxes imposed by subsections (a) and (b), see section 3231(e)(2).