Sec. 31.3301-2 Measure of tax.

The tax for any calendar year is measured by the amount of wages paid by the employer during such year with respect to employment after December 31, 1938. (See section 31.3306(b)-1, relating to wages, and sections 31.3306(c)-1 to 31.3306(c)-3, inclusive, relating to employment.)

[Adopted by T.D. 6199, 21 FR 6657, Sept. 5, 1956; republished by T.D. 6516, 25 FR 13032, Dec. 20, 1960. Revised by T.D. 6658, 28 FR 6632, June 27, 1963]