Volume 69
Public Law 84–306
To amend the Internal Revenue Code.
Approved August 9, 1955
Statutory text
AN ACT
To amend the Internal Revenue Code.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That, the terms used in this Act shall have the same meaning as when used in the Internal Revenue Code.
SEC. 2. COLLECTION OF INCOME TAX AT SOURCE ON WAGES.
Section 3402 of the Internal Revenue Code is hereby amended as
follows:
By inserting “(except as provided in subsection (j))” immediately after the words “shall deduct and withhold upon such wages” in subsection (a) thereof; and
By adding at the end thereof the following new subsection:
“(j) Noncash Remuneration to Retail Commission Salesman.—
In the case of remuneration paid in any medium other than cash for services performed by an individual as a retail salesman for a person, where the service performed by such individual for such person is ordinarily performed for remuneration solely by way of cash commission an employer shall not be required to deduct or withhold any tax under this subchapter with respect to such remuneration, provided that such employer Hies with the Secretary or his delegate such information with respect to such remuneration as the Secretary or his delegate may by regulation prescribe.”
SEC. 3. EFFECTIVE DATE.
The amendment, made by section 2 shall be applicable only with respect to remuneration paid after the date of enactment of this
Approved August 9, 1955.