View all text of Subpart D [§ 31.3301-1 - § 31.3308-1]
§ 31.3301-3 - Rate and computation of tax.
(a) The rates of tax with respect to wages paid in calendar years after 1954 are as follows:
| In the calendar years 1955 to 1960, both inclusive | 3 | In the calendar year 1961 | 3.1 | In the calendar year 1962 | 3.5 | In the calendar year 1963 | 3.35 | In the calendar year 1964 and subsequent calendar years | 3.1 |
(b) The tax is computed by applying to the wages paid in a calendar year, with respect to employment after December 31, 1938, the rate in effect at the time the wages are paid.