Posts Tagged ‘Income Tax’

Jan 11 2012

District of Columbia Issues New Tax Withholding Requirements | Employment Law

admin |

Effective December 22, 2011, as a result of recent emergency legislation, the District of Columbia Office of Tax and Revenue will require that payers of distributions from retirement plans subject to federal withholding withhold D.C. income tax at the highest D.C. income tax rate in effect at the time of distribution, presently 8.95%.