Publication of the Tier 2 Tax Rates, 64964 [2019-25552]

Download as PDF 64964 Federal Register / Vol. 84, No. 227 / Monday, November 25, 2019 / Notices Rear Mirrors: Inscription of the required warning statement on the face of the passenger mirror. FMVSS No. 225, Child Restraint Anchorage Systems: Installation of child restraint anchorages. FMVSS No. 401, Interior trunk release: Installation of interior trunk release. The petitioner additionally states that a vehicle identification plate must be affixed to the vehicle, near the left windshield pillar, to meet the requirements of 49 CFR part 565, as well as, a reference and certification label added to the left front door post area to meet the requirements of 49 CFR part 567. Authority: 49 U.S.C. 30141(a)(1)(A), (a)(1)(B), and (b)(1); 49 CFR 593.7; delegation of authority at 49 CFR 1.95 and 501.8. Otto G. Matheke III, Director, Office of Vehicle Safety Compliance. [FR Doc. 2019–25481 Filed 11–22–19; 8:45 am] BILLING CODE 4910–59–P DEPARTMENT OF THE TREASURY Internal Revenue Service Publication of the Tier 2 Tax Rates Internal Revenue Service (IRS), Treasury. AGENCY: ACTION: Notice. Publication of the tier 2 tax rates for calendar year 2020 as required by section 3241(d) of the Internal Revenue Code. Tier 2 taxes on railroad employees, employers, and employee representatives are one source of funding for benefits under the Railroad Retirement Act. SUMMARY: The tier 2 tax rates for calendar year 2020 apply to compensation paid in calendar year 2020. DATES: FOR FURTHER INFORMATION CONTACT: Kathleen Edmondson, CC:EEE:EOET:ET1, Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 20224, Telephone Number (202) 317–6798 (not a toll-free number). Tier 2 Tax Rates: The tier 2 tax rate for 2020 under section 3201(b) on employees is 4.9 percent of compensation. The tier 2 tax rate for 2020 under section 3221(b) on employers is 13.1 percent of compensation. The tier 2 tax rate for 2020 under section 3211(b) on employee representatives is 13.1 percent of compensation. VerDate Sep<11>2014 17:31 Nov 22, 2019 Jkt 250001 Dated: November 19, 2019. Victoria A. Judson, Associate Chief Counsel (Employee Benefits, Exempt Organizations, and Employment Taxes). [FR Doc. 2019–25552 Filed 11–22–19; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 720–TO Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning Terminal Operator Report. DATES: Written comments should be received on or before January 24, 2020 to be assured of consideration. ADDRESSES: Direct all written comments to Dr. Philippe Thomas, Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224. FOR FURTHER INFORMATION CONTACT: Requests for additional information or copies of the form and instructions should be directed to Martha R. Brinson, at (202) 317–5753, or at Internal Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC 20224, or through the internet at Martha.R.Brinson@irs.gov. SUPPLEMENTARY INFORMATION: Title: Terminal Operator Report. OMB Number: 1545–1734. Form Number: 720–TO. Abstract: Representatives of the motor fuel industry, state governments, and the Federal government are working to ensure compliance with excise taxes on motor fuels. This joint effect has resulted in a system to track the movement of all products to and from terminals. Form 720–TO is an information return that will be used by terminal operators to report their monthly receipts and disbursements of products. Current Actions: There are no changes being made to the form at this time. Type of Review: Extension of a currently approved collection. Affected Public: Business or other forprofit organizations. SUMMARY: PO 00000 Frm 00145 Fmt 4703 Sfmt 4703 Estimated Number of Respondents: 504,000. Estimated Time per Respondent: 4 hours, 40 minutes. Estimated Total Annual Burden Hours: 2,347,020. The following paragraph applies to all of the collections of information covered by this notice: An agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless the collection of information displays a valid OMB control number. Books or records relating to a collection of information must be retained as long as their contents may become material in the administration of any internal revenue law. Generally, tax returns and tax return information are confidential, as required by 26 U.S.C. 6103. Request for Comments: Comments submitted in response to this notice will be summarized and/or included in the request for OMB approval. All comments will become a matter of public record. Comments are invited on: (a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimate of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden of the collection of information on respondents, including through the use of automated collection techniques or other forms of information technology; and (e) estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information. Approved: November 19, 2019. Philippe Thomas, Supervisory Tax Analyst. [FR Doc. 2019–25506 Filed 11–22–19; 8:45 am] BILLING CODE 4830–01–P DEPARTMENT OF THE TREASURY Internal Revenue Service Proposed Collection; Comment Request for Form 1128 Internal Revenue Service (IRS), Treasury. ACTION: Notice and request for comments. AGENCY: The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and SUMMARY: E:\FR\FM\25NON1.SGM 25NON1

Agencies

[Federal Register Volume 84, Number 227 (Monday, November 25, 2019)]
[Notices]
[Page 64964]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-25552]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service


Publication of the Tier 2 Tax Rates

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice.

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SUMMARY: Publication of the tier 2 tax rates for calendar year 2020 as 
required by section 3241(d) of the Internal Revenue Code. 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 2020 apply to 
compensation paid in calendar year 2020.

FOR FURTHER INFORMATION CONTACT: Kathleen Edmondson, CC:EEE:EOET:ET1, 
Internal Revenue Service, 1111 Constitution Avenue NW, Washington, DC 
20224, Telephone Number (202) 317-6798 (not a toll-free number).
    Tier 2 Tax Rates: The tier 2 tax rate for 2020 under section 
3201(b) on employees is 4.9 percent of compensation. The tier 2 tax 
rate for 2020 under section 3221(b) on employers is 13.1 percent of 
compensation. The tier 2 tax rate for 2020 under section 3211(b) on 
employee representatives is 13.1 percent of compensation.

    Dated: November 19, 2019.
Victoria A. Judson,
Associate Chief Counsel (Employee Benefits, Exempt Organizations, and 
Employment Taxes).
[FR Doc. 2019-25552 Filed 11-22-19; 8:45 am]
BILLING CODE 4830-01-P

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