Department of the Treasury December 6, 2011 – Federal Register Recent Federal Regulation Documents

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Designation of Additional Individual Pursuant to Executive Order 13413

Document Number: 2011-31209

Type: Notice

Date: 2011-12-06

Agency: Department of the Treasury, Office of Foreign Assets Control

The Treasury Department's Office of Foreign Assets Control (``OFAC'') is publishing the name of one individual whose property and interests in property are blocked pursuant to Executive Order 13413 of October 27, 2006, ``Blocking Property of Certain Persons Contributing to the Conflict in the Democratic Republic of Congo.''

https://regulations.justia.com/regulations/fedreg/2011/12/06/2011-31209.html

Extending Religious and Family Member FICA and FUTA Exceptions to Disregarded Entities; Correction

Document Number: 2011-31182

Type: Rule

Date: 2011-12-06

Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury

This document describes a correction to final and temporary regulations (TD 9554) extending the exceptions from taxes under the Federal Insurance Contributions Act (``FICA'') and the Federal Unemployment Tax Act (``FUTA'') under sections 3121(b)(3) (concerning individuals who work for certain family members), 3127 (concerning members of religious faiths), and 3306(c)(5) (concerning persons employed by children and spouses and children under 21 employed by their parents) of the Internal Revenue Code (``Code'') to entities that are disregarded as separate from their owners for Federal tax purposes. The temporary regulations also clarify the existing rule that the owners of disregarded entities, except for qualified subchapter S subsidiaries, are responsible for backup withholding and related information reporting requirements under section 3406. These regulations were published in the Federal Register on Tuesday, November 1, 2011 (76 FR 67363).

https://regulations.justia.com/regulations/fedreg/2011/12/06/2011-31182.html