This PDF is the current document as it appeared on Public Inspection on 05/30/2014 at 08:45 am.
Internal Revenue Service (IRS), Treasury.
This document contains corrections to final regulations (TD 9662) that were published in the Federal Register on Monday, March 31, 2014 (79 FR 17860) relating to section 3504 of the Internal Revenue Code (Code) providing circumstances under which a person (payor) is designated to perform the acts required of an employer and is liable for employment taxes with respect to wages or compensation paid by the payor to individuals performing services for the payor's client pursuant to a service agreement between the payor and the client.
This correction is effective on June 2, 2014, and is applicable March 31, 2014.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Jeanne Royal Singley at (202) 317-6798 (not a toll-free number).End Further Info End Preamble Start Supplemental Information
The final regulations that are subject of this document are under section 3504 of the Internal Revenue Code.
Need for Correction
As published, final regulations (TD 9662) contain errors that may prove to be misleading and are in need of clarification.
Correction of Publication
Accordingly, 26 CFR part 31 is corrected by making the following correcting amendments:Start Part
PART 31—EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT THE SOURCEEnd Part Start Amendment Part
Paragraph 1. The authority citation for part 31 continues to read in part as follows:End Amendment Part
Par. 2. In § 31.3504-2, paragraph (e)(9) Example 9. the language “Corporation U” is removed and the language “Corporation V” is added in its place.End Amendment Part Start Signature
Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2014-12614 Filed 5-30-14; 8:45 am]
BILLING CODE 4830-01-P