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TD 10008: Withholding on Certain Distributions Under Section 3405(a) and (b)

Date: 2024-10-21
Links to Federal Register: HTML, PDF (Proposed Regulation: REG-132240-15 HTML, PDF)
Document Number: 2024-24224, RIN: 1545-BN52
Action: Final regulation.

Abstract: This document contains a final regulation regarding income tax withholding on certain periodic payments and nonperiodic distributions from employer deferred compensation plans, individual retirement plans, and commercial annuities that are not eligible rollover distributions. The regulation addresses a payor's obligation to withhold income taxes in the circumstances in which those payments or distributions are made to payees outside of the United States and affects payors and payees of those periodic payments and nonperiodic distributions.

Word frequency
Notable phrases   Frequency
(payee's) residence address      34
designated distribution      19
(payor is) required to withhold      12
address located within the united states      9
payments and distributions      7
delivered outside      6
subject to withholding      5
periodic payments and nonperiodic      4
military or diplomatic      4

Reg. Cites   Frequency
31.3405(e)-1      2
1.1441-1(b)(1)      1
1.1441-1(b)(3)      1

Sec. Cites   Frequency
3405(a)      16
3405(e)(13)(a)      10
3405(a)(2)      6
3405      6
1441      4
3405(e)(1)(b)(iii)      3
3405(e)(13)(b)      3
3405(b)(1)      2
877      2
3405(a)(1)      2
3405(e)(6)      1
3405(e)(1)(b)      1
7805(a)      1
3405(e)(5)      1
3405(b)(2)      1
7701(a)(37)      1
3405(e)(1)      1
877(h)      1
877a(g)(3)      1

Authorities Referenced:


Statistics

Number of pages: 5, words: 3,952, sentences: 115
Average words per sentence: 34