ADDITIONAL WITHHOLDING OF TAX FROM SALARIES UPON AGREEMENT BY EMPLOYER AND EMPLOYEE

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP57-00384R001200010100-8
• Release Decision: RIFPUB
• Original Classification: R
• Document Page Count: 1
• Document Creation Date: December 20, 2016
• Sequence Number: 100
• Publication Date: April 2, 1952
• Content Type: REGULATION

Approved For Release ` TAICT7- LIU.3200-8
GovriRAL INTELLIGENCE ANE CY
liasb .ngton, D. C.
NOT ICE
No.
2 April 1952
SUB MT: Additional Withholding of Tax From Salaries Upon Agreement
by Employer anti Employee
1. There is luoted below the text of Bureau of the Budget Cir-
cular No. A-26 dated 2 March 1952 on the above evbject.
be Commis `.oner of Internal Revenue, with the approval of
the 8ecretari of the Treasury, on March 7, 190, prescribed regu-
lations for the. a: it i_.nal w; t`'-ield irt . of Scone tax, as authorised
by law (Federal. Register, March 8, 1902, 17 F. F. 20 5).
"In order to utilize pas` tables to the maximum extent poseible
and minimise se. f 4 ate c : putt tIo as in pay roll cod audit work, it
is requested that the following policy be adopted when additional
wit holdi::g of tax is involved.
(a)
(b)
Except a;: MY && In paragraph 2, the amount of tax
presently withheld p)l"4s the adc: it oral am cunt re:sue >ted
to withheld each pay pcr$od shall conform to one of
the amnts shorn in, the tax withholding table s as set
forth in a ection 1622 of 'M'it'e 26 of the United States
Code. In other words, if to employee now has three
exemptions, be mz y rc ue rt that an amount be withheld
equivalent to -I2H, "1" or un" exemptions.
In those cases hire wtthholdin? it requested in excess
of the ani nt provided , the "0" exemption, such excess
amount shall be 5 or multiples thereof for employees
paid on a -bi-weekly or less frequent basis .........'~
2. Agency employees whose present tax deductions are insufficient
to cover the taxes uer t e c;over'rjv_-nt ni;.s;;? increase the amount of tax
withhoidin fr :,m their salary as provided above by executing a revised
Form W-} Employee's ` ithholdi , Exemption Certificate (copy attached)
and forward i r , thr: ,air Adi inistr Live Officer, to the
appropriate Payroll !!ranch of the Firance or Fi3cal Division. In those
instances where the ")0 exe;iptton 1111 not provide cufficier_t tax de-
duction, the employee should Insert in Column life) of Form WA the
notation "0 plus m;`, 0.00 (or 00.00, etc. )"
WALTER RE I+ WOLF
Deputy Director
(4ministration)
Approved For Release 20CPYEL TMOT 03848001200010100-8