United States - Payroll Tax Cut Extension Signed into Law by U.S. President

Payroll Tax Cut Extension Signed into Law by President

On February 22, 2012, U.S. President Barack Obama signed into law the Middle Class Tax Relief and Job Creation Act of 2012 (H.R. 3630), which extends through the end of 2012 the 2-percent cut in employee payroll and self-employment taxes that was otherwise due to expire at the end of February 2012.

Related content

Download PDF of Flash International Executive Alert

Connect with us

 

Request for proposal

 

Submit

KPMG's new digital platform

KPMG's new digital platform