[Code of Federal Regulations]
[Title 26, Volume 15]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR31.6001-3]

[Page 319-320]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 31_EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE--Table of Contents
 
Subpart G_Administrative Provisions of Special Application to Employment 
Taxes (Selected Provisions of Subtitle F, Internal Revenue Code of 1954)
 
Sec. 31.6001-3  Additional records under Railroad Retirement Tax Act.

    (a) Records of employers. (1) Every employer liable for tax under 
the Railroad Retirement Tax Act shall keep records of all remuneration 
(whether in money or in something which may be used in lieu of money), 
other than tips, paid to his employees after 1954 for services rendered 
to him (including ``time lost'') after 1954. Such records shall show 
with respect to each employee--
    (i) The name and address of the employee.
    (ii) The total amount and date of each payment of remuneration to 
the employee (including any sum withheld therefrom as tax or for any 
other reason) and the period of service (including any period of absence 
from active service) covered by such payment.
    (iii) The amount of such remuneration payment with respect to which 
the tax is imposed.
    (iv) The amount of employee tax collected with respect to such 
payment, and, if collected at a time other than the time such payment 
was made, the date collected.
    (v) If the total payment of remuneration (paragraph (a)(1)(ii) of 
this section) and the amount thereof with respect to which the tax is 
imposed (paragraph (a)(1)(iii) of this section) are not equal, the 
reason therefor.
    (2) The employer shall keep records of the details of each 
adjustment or settlement of taxes under the Railroad

[[Page 320]]

Retirement Tax Act made pursuant to the regulations in this part.
    (b) Records of employee representatives. Every individual liable for 
employee representative tax under the Railroad Retirement Tax Act shall 
keep records of all remuneration (whether in money or in something which 
may be used in lieu of money) paid to him after 1954 for services 
rendered (including ``time lost'') by him as an employee representative 
after 1954. Such records shall show--
    (1) The name and address of each employee organization employing 
him.
    (2) The total amount and date of each payment of remuneration for 
services rendered as an employee representative (including any sum 
withheld therefrom as tax or for any other reason) and the period of 
service (including any period of absence from active service) covered by 
such payment.
    (3) The amount of such remuneration payment with respect to which 
the employee representative tax is imposed.
    (4) If the total payment of remuneration (paragraph (a)(2) of this 
section) and the amount thereof with respect to which the employee 
representative tax is imposed (paragraph (a)(3) of this section) are not 
equal, the reason therefor.