Source: http://taxtv.com/code/01047-USCODE-2011-title26-subtitleC-chap24-sec3406/
Timestamp: 2017-11-19 21:33:11
Document Index: 789635072

Matched Legal Cases: ['§3406', '§3406', '§3406', '§104', '§152', '§722', '§1521', '§1899', '§1018', '§1935', '§101', '§3091', '§101', '§1523', '§1899', '§1521']

IRC §3406. Backup withholding - TaxTV.com
IRC §3406. Backup withholding
View related content: IRC §3406
(i) at any time after the payee’s account with the broker was established and before the acquisition of such instrument, or
(Added Pub. L. 98–67, title I, §104(a), Aug. 5, 1983, 97 Stat. 371; amended Pub. L. 98–369, div. A, title I, §152(a), title VII, §722(h)(1), (2), July 18, 1984, 98 Stat. 691, 975; Pub. L. 99– 4, title XV, §§1521(b), 1523(b)(1), title XVIII, §1899A(46), Oct. 22, 1986, 100 Stat. 2746, 2748, 2961; Pub. L. 100–647, title I, §1018(u)(44), Nov. 10, 1988, 102 Stat. 3592; Pub. L. 102–486, title XIX, §1935(a), Oct. 24, 1992, 106 Stat. 3032; Pub. L. 107–16, title I, §101(c)(10), June 7, 2001, 115 Stat. 44; Pub. L. 110–289, div. C, title III, §3091(c), July 30, 2008, 122 Stat. 2911.)
2001—Subsec. (a)(1). Pub. L. 107–16, §§101(c)(10), 901, temporarily substituted “equal to the product of the fourth lowest rate of tax applicable under section 1(c) and such payment” for “equal to 31 percent of such payment” in concluding provisions. See Effective and Termination Dates of 2001 Amendment note below.
1986—Subsec. (b)(3)(E). Pub. L. 99– 4, §1523(b)(1), added subpar. (E).
Subsec. (b)(6). Pub. L. 99– 4, §1899A(46), substituted “6041A(a)” for “6041(A)(a)” in heading.
Subsec. (h)(5)(D). Pub. L. 99– 4, §1521(b), added subpar. (D).
Section 1935(b) of Pub. L. 102–486 provided that: “The amendment made by subsection (a) [amending this section] shall apply to amounts paid after December 31, 1992.”
Amendment by section 1521(b) of Pub. L. 99– 4 applicable to real estate transactions closing after Dec. 31, 1986, see section 1521(c) of Pub. L. 99– 4, set out as a note under section 6045 of this title.
Amendment by section 1523(b)(1) of Pub. L. 99– 4 applicable to payments made after Dec. 31, 1986, see section 1523(d) of Pub. L. 99– 4, set out as an Effective Date note under section 6050N of this title.
Section 152(b) of Pub. L. 98–369 provided that: “The amendment made by this section [amending this section] shall take effect on the date of the enactment of this Act [July 18, 1984].”