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Stay informed about the updates applied to PeopleSoft applications to keep your organization compliant

Legislative Updates for U.S. Tax Rate Changes

Several U.S. tax changes that were announced too late to be included in Tax Update 18-A are now available on Patches & Updates.

  • Massachusetts 2018 Employer Medical Assistance Contribution (EMAC)contribution rate change from 0.003400 to 0.005100 (new row with Effective Date = 01/01/2018)
  • Missouri 2018 withholding tax changes (new row with Effective Date = 01/02/2018)
  • Mississippi 2018 withholding tax changes (new row with Effective Date = 01/01/2018)
  • Oregon 2018 withholding tax changes (new row with Effective Date = 02/01/2018)
  • U.S. Virgin Islands 2018 UI taxable wage base increase from $23,500 to $24,300 (new row with Effective Date = 01/01/2018)

See our Payroll Hot Topics document on My Oracle Support for links to these patches for all releases.

Also, the Louisiana Department of Revenue has adopted updated Income Tax Withholding Tables through an Emergency Rule. This Emergency Rule shall be effective February 16, 2018.  We are tracking this on Bug 27556017.  Manual instructions for entering the tax changes are available on the Louisiana State Master Document on My Oracle Support.

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