26 U.S.C. § 3133 — Special rule related to tax on employers
submitted 5 years ago by Pub. L. 117-2 to r/title-26-INTERNAL-REVENUE-CODE · 84 words · no verdicts yet
The sick-leave and family-leave credits each increase by specified employer payroll taxes on the wages that generated the credit. Double-benefit rules are found in the two credit sections.
(a) The credit under section 3131 and the credit under section 3132 each increase by the taxes imposed by section 3111(a) and (b) and section 3221(a) on qualified sick-leave wages* or qualified family-leave wages, respectively, for which the relevant credit is allowed.
(b) For rules denying a double benefit from this increase, see sections 3131(f)(3) and 3132(f)(3).
The credit allowed by section 3131 and the credit allowed by section 3132 shall each be increased by the amount of the taxes imposed by subsections (a) and (b) of section 3111 and section 3221(a) on qualified sick leave wages*, or qualified family leave wages, for which credit is allowed under such section 3131 or 3132 (respectively).
For denial of double benefit with respect to the credit increase under subsection (a), see sections 3131(f)(3) and 3132(f)(3).
Source credit: (Added Pub. L. 117–2, title IX, § 9641(a), Mar. 11, 2021, 135 Stat. 171.)
- 2021Enacted · Pub. L. 117-2 · 135 Stat. 171
A history note hasn’t been published yet. The record shows enactment by Pub. L. 117-2 on 2021-03-11.
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