Internal Revenue Service September 16, 2014 – Federal Register Recent Federal Regulation Documents

Authority for Voluntary Withholding on Other Payments
Document Number: 2014-22036
Type: Rule
Date: 2014-09-16
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final regulations under section 3402(p) of the Internal Revenue Code (Code) relating to voluntary withholding agreements. The final regulations allow the Secretary to issue guidance in the Internal Revenue Bulletin to describe payments for which the Secretary finds that income tax withholding under a voluntary withholding agreement would be appropriate. The regulations affect persons making and persons receiving payments for which the IRS issues subsequent guidance authorizing the parties to enter into voluntary withholding agreements.