E9-28331. Publication of the Tier 2 Tax Rates

AGENCY:

Internal Revenue Service (IRS), Treasury.

ACTION:

Notice.

SUMMARY:

Publication of the tier 2 tax rates for calendar year 2010 as required by section 3241(d) of the Internal Revenue Code (26 U.S.C. section 3241). Tier 2 taxes on railroad employees, employers, and employee representatives are one source of funding for benefits under the Railroad Retirement Act.

DATES:

The tier 2 tax rates for calendar year 2010 apply to compensation paid in calendar year 2010.

FOR FURTHER INFORMATION CONTACT:

Michelle R. Weigelt, CC:TEGE:EOEG:ET1, Internal Revenue Service, 1111 Constitution Avenue, NW., Washington, DC 20224, Telephone Number [phone] (not a toll-free number).

Tier 2 Tax Rates: The tier 2 tax rate for 2010 under section 3201(b) on employees is 3.9 percent of compensation. The tier 2 tax rate for 2010 under section 3221(b) on employers is 12.1 percent of compensation. The tier 2 tax rate for 2010 under section 3211(b) on employee representatives is 12.1 percent of compensation.

Dated: November 18, 2009.

Nancy Marks,

Division Counsel/Associate Chief Counsel, (Tax Exempt and Government Entities).