Department of Treasury January 18, 2011 – Federal Register Recent Federal Regulation Documents

Rewards and Awards for Information Relating to Violations of Internal Revenue Laws
Document Number: 2011-928
Type: Proposed Rule
Date: 2011-01-18
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains a proposed regulation relating to the payment of rewards under section 7623(a) of the Internal Revenue Code and awards under section 7623(b). The guidance is necessary to clarify the definition of proceeds of amounts collected and collected proceeds under section 7623. This regulation provides needed guidance to the general public as well as officers and employees of the IRS who review claims under section 7623.
Guidance on Reporting Interest Paid to Nonresident Aliens; Correction
Document Number: 2011-829
Type: Proposed Rule
Date: 2011-01-18
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains corrections to a notice of proposed rulemaking and notice of public hearing (REG-146097-09) that was published in the Federal Register on Friday, January 7, 2011 (76 FR 1105) providing guidance on the reporting requirements for interest on deposits maintained at U.S. offices of certain financial institutions and paid to nonresident alien individuals.