60 STAT.] 79TH CONG. , 2D SESS.-CH. 709-JULY 31, 1946 establishes, subject to the provisions of section 8, the period during which such compensation will have been earned."; and in said section 1 (h), immediately after the word "earned" at the end of this insertion, insert the following additional language: "In determining the monthly compensation, the average monthly remuneration, and quarters of coverage of any employee, there shall be attributable as compensation paid to him in each calendar month in which he is in military service creditable under section 4 the amount of $160 in addition to the compensation, if any, paid to him with respect to such month." SEC. 3. (a) Section 1500 of the Internal Revenue Code is amended to read as follows: "SEC. 1500. RATE OF TAX. "In addition to other taxes, there shall be levied, collected, and paid upon the income of every employee a tax equal to the follow- ing percentages of so much of the compensation, paid to such employee after December 31, 1946, for services rendered by him after such date, as is not in excess of $300 for any calendar month: "1. With respect to compensation paid during the calendar years 1947 and 1948, the rate shall be 53/4 per centum; "2. With respect to compensation paid during the calendar years 1949, 1950, and 1951, the rate shall be 6 per centum; "3. With respect to compensation paid after December 31, 1951, the rate shall be 6/4 per centum." (b) The second sentence of section 1501 (a) of the Internal Reve- nue Code is amended to read as follows: "If an employee is paid compensation after December 31, 1946, by more than one employer for services rendered during any calendar month after 1946 and the aggregate of such compensation is in excess of $300, the tax to be deducted by each employer other than a subordinate unit of a national railway-labor-organization employer from the compensa- tion paid by him to the employee with respect to such month shall be that proportion of the tax with respect to such compensation paid by all such employers which the compensation paid by him after December 31, 1946, to the employee for services rendered during such month bears to the total compensation paid by all such employers after December 31, 1946, to such employee for services rendered during such month; and in the event that the compensa- tion so paid by such employers to the employee for services rendered during such month is less than $300, each subordinate unit of a national railway-labor-organization employer shall deduct such pro- portion of any additional tax as the compensation paid by such employer after December 31, 1946, to such employee for services rendered during such month bears to the total compensation paid by all such employers after December 31, 1946, to such employee for services rendered during such month." (c) Section 1510 of the Internal Revenue Code is amended to read as follows: "SEC. 1510. RATE OF TAX. "In addition to other taxes, there shall be levied, collected, and paid upon the income of each employee representative a tax equal to the following percentages of so much of the compensation, paid to such employee representative after December 31, 1946, for services rendered by him after such date, as is not in excess of $300 for any calendar month: "1. With respect to compensation paid during the calendar years 1947 and 1948, the rate shall be 111/ per centum; "2. With respect to compensation paid during the calendar years 1949, 1950, and 1951, the rate shall be 12 per centun; 723 52 Stat. 1102. 45U.S.C. 358. Post, p. 739. Military service. 52 Stat. 1097. 45U.S.C. 354. Post, pp . 737, 738. 53 Stat. 179. 26 U. . C.. 1500. Income not in excess of $300 a month. 53 Stat. 179. 26U. S.C . §1501(a) Employee paid by more than one em- ployer. 53 Stat. 180. 26 U.S. C. 1510. Employee repre- sentative.
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