Taxation of Interstate Carriers and Employees: Hearings...on H.R. 6448. April 21, 22, 23, and 26, 19371937 - 43 pages |
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Page 1
... tax upon carriers and certain other employers and an income tax upon their employees , and for other purposes . ( H. R. 6448 is as follows :) A BILL To levy an excise tax upon carriers and certain other employers and an income tax upon ...
... tax upon carriers and certain other employers and an income tax upon their employees , and for other purposes . ( H. R. 6448 is as follows :) A BILL To levy an excise tax upon carriers and certain other employers and an income tax upon ...
Page 2
... Revenue shall require a return of taxes hereunder to be made and which is payable during the calendar month following such period shall be deemed to have been paid during such period only . INCOME TAX ON EMPLOYEES SEC . 2. ( a ) In ...
... Revenue shall require a return of taxes hereunder to be made and which is payable during the calendar month following such period shall be deemed to have been paid during such period only . INCOME TAX ON EMPLOYEES SEC . 2. ( a ) In ...
Page 3
... tax imposed by this section is paid with respect to any compensation payment ... tax shall be made , with- out interest , in connection with subsequent excise ... INCOME TAX ON EMPLOYEE REPRESENTATIVES SEC . 5. In addition to other taxes ...
... tax imposed by this section is paid with respect to any compensation payment ... tax shall be made , with- out interest , in connection with subsequent excise ... INCOME TAX ON EMPLOYEE REPRESENTATIVES SEC . 5. In addition to other taxes ...
Page 4
... TAX ACT SEC . 11. The provisions of this Act are in substitution for the provisions of the Act of August 29 , 1935 , entitled “ An Act to levy an excise tax upon carriers and an income tax upon their employees , and for other purposes ...
... TAX ACT SEC . 11. The provisions of this Act are in substitution for the provisions of the Act of August 29 , 1935 , entitled “ An Act to levy an excise tax upon carriers and an income tax upon their employees , and for other purposes ...
Page 5
... taxes provided for in the Railroad Taxing Act . The tax rate in that act was 312 percent on the compensation paid by the railways to their employees up to $ 300 in any 1 month , and an income tax in amount of 312 percent was levied on ...
... taxes provided for in the Railroad Taxing Act . The tax rate in that act was 312 percent on the compensation paid by the railways to their employees up to $ 300 in any 1 month , and an income tax in amount of 312 percent was levied on ...
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Common terms and phrases
$300 per month 234 percent 72 percent amendment American Railroads amount Association of American August 29 basis bill billion 200 million bus line calendar years 1940 Carriers Tax Act CHAIRMAN collected Commissioner of Internal compensation earned compensation of employees COOPER corporation courts December 31 directly or indirectly Doughton employee representative employees for services estimate excess of $300 excise tax facto control fiscal HARRISON included income tax increase Internal Revenue Interstate Commerce Act January JENKINS KENT LAMNECK LATIMER legislation LEWIS McCORMACK mean number of employees ownership ployees provisions question rail railroad company railroad labor organizations Railroad Retirement Act Railroad Retirement Board railway companies Railway Express Agency Railway Labor Act refunded repealed respect to compensation retroactive schedule of rates section 11 Social Security Act statement statute substitution suggestion tax imposed tax rate tax yield taxpayer term employer THURSTON tion transportation of passengers TREADWAY Treasury union VINSON
Popular passages
Page 4 - ... the amount of the underpayment shall be collected, in such manner and at such times (subject to the statute of limitations properly applicable thereto) as may be prescribed by regulations of the Board.
Page 2 - employer" shall not include any street, interurban, or suburban electric railway, unless such railway is operating as a part of a general steam-railroad system of transportation, but shall not exclude any part of the general steam-railroad system of transportation now or hereafter operated by any other motive power. The Interstate Commerce Commission is hereby authorized and directed upon request of the Commissioner of Internal Revenue, or upon complaint of any party interested, to determine after...
Page 4 - ... (2) In the payment of any contributions, a fractional part of a cent shall be disregarded unless it amounts to one-half cent or more, in which case it shall be increased to 1 cent.
Page 2 - ... handling of property transported by railroad, and any receiver, trustee, or other individual or body, judicial or otherwise, when in the possession of the business of any such " carrier " : Provided, however, That the term
Page 3 - ... the tax and the amount to be deducted, shall be made, without interest, in such manner and at such times as the Secretary or his delegate may by regulations prescribe.
Page 3 - The tax imposed by section 801 shall be collected by the employer of the taxpayer, by deducting the amount of the tax from the wages as and when paid.
Page 3 - An individual is in the service of an employer whether his service is rendered within or without the United States if (i) he is subject to the continuing authority of the employer to supervise and direct the manner of rendition of his service...
Page 4 - The contributions required by this Act shall be collected and paid quarterly or at such other times and in such manner and under such conditions not inconsistent with this Act as may be prescribed by Regulations of the Board, and shall not be deducted, in whole or in part, from the compensation of employees in the employer's employ. If a contribution required by this Act is not paid when due, there shall be added to the amount payable (except in the case of adjustments made in accordance with the...
Page 4 - Congress in substitution therefor, the tax imposed by section 801 shall not be allowed as a deduction to the taxpayer in computing his net income for the year in which such tax is deducted from his wages.
Page 2 - carrier" means an express company, sleeping-car company, or carrier by railroad, subject to part I of the interstate Commerce Act. (c) The term "company" includes corporations, associations, and joint-stock companies.