Reconciliation Of Employee'S Wage Tax Withheld - The Village Of Deshler

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8 COLLECTION AT SOURCE
A. In accordance with rules and
regulations prescribed by the Administrator,
each employer within or doing business
within this municipality shall deduct at the
time of the payment of such salary, wage,
commission or other compensation, the tax
of one-half (1/2%) percent of the gross
salaries, wages, commissions or other
compensation due by the employer to the
employee or the tips or gratuities reported
to the employer by each employee for
social security or federal income tax
purposes and shall on or before the last
day of the month following the close of each
calendar quarter make a return and pay to
the Administrator the amount of taxes so
deducted. The returns shall be on a form or
forms prescribed by or acceptable to the
Administrator and shall be subject to the
rules and regulations prescribed therefor by
the Administrator. Such employer shall be
liable for the payment of the tax required to
be deducted and withheld, whether or not
such taxes have in fact been withheld.
B. Such employer in collecting the tax
shall be deemed to hold the same, until
payment is made by such employer to this
municipality, as a trustee for the benefit of
this municipality and any such tax collected
by such employer from his employees,
shall, until the same is paid to this munici-
pality, be deemed a trust fund in the hands
of such employer.
C. On or before April 15 of each year
beginning with the year 1986 each
employer shall file a withholding return
setting forth the names and addresses of
all employees from whose compensation
the tax was withheld during the preceding
calendar year and the amount of tax
withheld from his employees and such
other information as may be required by
the Administrator. All payments not subject
to withholding, shall be reported on a form
required by the Administrator.
D. The tax Administrator for good cause
may require immediate returns and
payments to be submitted to his/her office.

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