PUBLIC LAWS-CH. 666 -AUG. 10, 1939
by him after December 31, 1936, with respect to employment (as
Post, p. 1384 .
defined in section 1426 (b)) after such date:
"(1) With respect to wages received during the calendar years
1939, 1940, 1941, and 1942, the rate shall be 1 per centum.
"(2) With respect to wages received during the calendar years
1943, 1944, and 1945, the rate shall be 2 per centum.
"(3) With respect to wages received during the calendar years
1946, 1947, and 1948, the rate shall be 21/2 per centum.
"(4) With respect to wages received after December 31, 1948,
the rate shall be 3 per centum."
Deduction of tax
SEO. 602. (a) Section 1401 (c) of the Internal Revenue Code is
frotm waes.
amended to read as follows:
LR.§ 1401().
" (C) ADJUSTMENTs.-If more or less than the correct amount of tax
Adjustments.
imposed by section 1400 is paid with respect to any payment of remu-
neration, proper adjustments, with respect both to the tax and the
amount to be deducted, shall be made, without interest, in such man-
ner and at such times as may be prescribed by regulations made under
this subchapter."
(b) Such section 1401 is further amended by adding at the end
thereof the following new subsection:
Specialrefund.
"(d) SPECIAL REF'UND.-If by reason of an employee rendering
service for more than one employer during any calendar year after
the calendar year 1939, the wages of the employee with respect to
employment during such year exceed $3,000, the employee shall be
entitled to a refund of any amount of tax, with respect to such wages,
imposed by section 1400, deducted from such wages and paid to the
collector, which exceeds the tax with respect to the first $3,000 of such
wages paid. Refund under this section may be made in accordance
with the provisions of law applicable in the case of erroneous or
illegal collection of the tax; except that no such refund shall be made
unless (1) the employee makes a claim, establishing his right thereto,
after the calendar year in which the employment was performed
with respect to which refund of tax is claimed, and (2) such claim
is made within two years after the calendar year in which the wages
are paid with respect to which refund of tax is claimed. No interest
shall be allowed or paid with respect to any such refund."
Ante, p. 175.
SEO. 603. Part I of subchapter A of chapter 9 of the Internal Reve-
1.RC.I1400-
1402.
nue Code is amended by adding at the end thereof the following new
section:
"SEC. 1403. RECEIPTS FOR EMPLOYEES.
Requirement.
"(a) REQUIREMENT.- Every employer shall furnish to each of his
employees a written statement or statements, in a form suitable for
retention by the employee, showing the wages paid by him to the
employee after December 31, 1939. Each statement shall cover a
calendar year, or one, two, three, or four calendar quarters, whether
or not within the same calendar year, and shall show the name of
the employer, the name of the employee, the period covered by the
statement, the total amount of wages paid within such period, and
the amount of the tax imposed by section 1400 with respect to such
wages. Each statement shall be furnished to the employee not later
than the last day of the second calendar month following the period
covered by the statement, except that, if the employee leaves the
employ of the employer, the final statement shall be furnished on
the day on which the last payment of wages is made to the employee.
The employer may, at his option, furnish such a statement to any
employee at the time of each payment of wages to the employee dur-
ing any calendar quarter, in lieu of a statement covering such quar-
ter; and, in such case, the statement may show the date of payment
of the wages, in lieu of the period covered by the statement.
1382
[53 STAT.
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