Federal Insurance Contributions Act definition

Federal Insurance Contributions Act means subchapters A and B of chapter 21 of the federal Internal Revenue Code of 1954 [26 U.S.C. 3101 et seq.], as such codes have been or may be from time to time amended; and the term "employees tax" means the tax imposed by section 3101 of the Internal Revenue Code of 1954 [26 U.S.C. 3101].
Federal Insurance Contributions Act means Chapter 21 of the Internal Revenue Code as such Code may be amended.
Federal Insurance Contributions Act or "FICA" shall mean subchapter A of

Examples of Federal Insurance Contributions Act in a sentence

  • District shall not withhold or set aside income tax, Federal Insurance Contributions Act (FICA) tax, unemployment insurance, disability insurance, or any other federal or state funds whatsoever.

  • Answer: Under the Act, payroll costs are calculated on a gross basis without regard to (i.e., not including subtractions or additions based on) federal taxes imposed or withheld, such as the employee’s and employer’s share of Federal Insurance Contributions Act (FICA) and income taxes required to be withheld from employees.

  • It is the parties intention that the Contractor will be an Independent Contractor and not the City’s employee for all purposes, including but not limited to, the application of the Fair Labor Standards Act minimum wage and overtime payments, Federal Insurance Contributions Act, the Social Security Act, the Federal Unemployment Tax Act, the provisions of the Internal Revenue code, Missouri revenue and taxation laws, Missouri Workers’ Compensation and unemployment insurance laws.

  • Contributions to the Plan are subject to applicable employment taxes (including, if applicable, Federal Insurance Contributions Act (FICA) taxes with respect to Elective Deferrals, which constitute wages under section 3121 of the Code).

  • A payment may be accelerated to the extent required to pay the Federal Insurance Contributions Act tax imposed under Code Sections 3101, 3121(a) and 3121(v)(2) of the Code with respect to compensation deferred under the Plan (the “FICA Amount”).


More Definitions of Federal Insurance Contributions Act

Federal Insurance Contributions Act means subchapter A of chapter 9 of the federal internal revenue code of 1939 and subchapters A and B of chapter 21 of the federal internal revenue code of 1954, as such codes have been and may from time to time be amended; and the term "employee tax" means the tax imposed by section 1400 of such code of 1939 and section 3101 of such code of 1954;
Federal Insurance Contributions Act means subchapter (A) of chapter 9 of the federal Internal Revenue Code, as the code has been and may from time to time be amended;
Federal Insurance Contributions Act means subchapters A and B of chapter 21 of the Internal Revenue Code.
Federal Insurance Contributions Act means subchapter A of chapter 9 of the "Internal Revenue Code of 1939" and subchapters A and B of chapter 21 of the "Internal Revenue Code of 1954," as amended. "Employees tax" means the tax imposed by section 1400 of the "Internal Revenue Code of 1939" and section 3101 of the "Internal Revenue Code of 1954."
Federal Insurance Contributions Act means subchapter A of
Federal Insurance Contributions Act means subchapters A and B of chapter 21 of the Internal
Federal Insurance Contributions Act means subchapter A of chapter 9 of the