56 STAT.] 77TH CONG. , 2D SESS.--CH. 619-OCT. 21 , 1942 allowable in the case of an annual pay-roll period divided by 365 and multiplied by the number of days in such period, including Sundays and holidays. "(4) In any case in which wages are paid by an employer without regard to any pay-roll period or other period, the deduction allowable against each payment of such wages shall be the deduction allowable in the case of an annual pay-roll period divided by 365 and multiplied by the number of days (including Sundays and holidays) which have elapsed since the date of the last payment of such wages by such employer during the calendar year, or the date of commencement of employment with such employer during such year, or January 1 of such year, whichever is the later. "(5) The deduction allowable under this subsection in respect of any individual for any calendar year shall not exceed the total deduction which would have been allowable under para- graph (1) if the only pay-roll period of such individual had been an annual pay-roll period. "(c) WAGE BRACKET WITHHOLDING. - "(1) At the election of the employer, if his pay-roll period with respect to an employee is weekly, biweekly, semimonthly, or monthly, there shall be withheld, collected, and paid upon the wages of such employee a tax determined in accordance with the following tables, which shall be in lieu of the tax required to be withheld under subsection (a): For weekly pay-roll period For biweekly pay-roll period If But not Wr The amount of tax The amount of tax to witheld ges Bt not oer to be withheld re over hlbe are ver hall be $12 $16 $0. 10 $24 $30 $0. 10 16 20 .30 30 40 .50 20 24 .50 40 50 1.00 24 28 .70 50 60 1.50 28 32 .90 60 70 2. 00 32 36 1. 10 70 80 2.50 36 40 1.30 80 100 3. 30 40 50 1.60 100 120 4. 30 50 60 2. 10 120 140 5.30 60 70 2. 60 140 160 6.30 70 80 3. 10 160 180 7. 30 .80 90 3.60 180 200 8.30 90 100 4. 10 200 220 9.30 100 110 4. 60 220 240 10. 30 110 120 5. 10 240 260 11.30 120 130 , 5. 60 260 280 12. 30 130 140 6. 10 280 300 13. 30 140 150 6.60 300 320 14. 30 150 160 7. 10 320 340 15. 30 160 170 7. 60 340 360 16. 30 170 180 &10 360 380 17. 30 180 190 8.60 380 400 18 30 190 200 9.10 400 420 19. 30 200 ---------- $9.40 plus 5% 420 440 20. 30 of the ex- 440 460 21. 30 cess over 460 480 22. 30 $200. 480 500 23. 30 500 --------- $23.80plus 5% of the excess over $500. 889 Wages paid without regard to any period. Limitation.
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