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TREAS/IRS

RIN: 1545-BK06

Publication ID: Fall 2013

Title: Federal Procurement Payment Tax
Abstract: A 2 percent tax is imposed on any foreign person that receives a payment made pursuant to a contract with the Government of the United States for the provision of goods and services that are manufactured, produced, or provided in any country that is not a party to an international procurement agreement with the United States.
Agency: Department of the Treasury(TREAS)	Priority: Substantive, Nonsignificant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Proposed Rule Stage
Major: No	Unfunded Mandates: Undetermined
CFR Citation: 26 CFR 1.5000C-1
Legal Authority: 26 USC 5000C    26 USC 7805

Legal Deadline:  None

Timetable: Action Date FR Cite NPRM  12/00/2013

Additional Information: REG-103281-11 Drafting attorney: Marylynn Dayan (202) 622-3860 Reviewing attorney: Elizabeth Karzon (202) 622-3860 Treasury attorney: Arlene Fitzpatrick (202) 622-2578 CC:INTL
Regulatory Flexibility Analysis Required: No	Government Levels Affected: Federal, State
Small Entities Affected: No	Federalism: No
Included in the Regulatory Plan: No
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No
Agency Contact: Elizabeth U. Karzon Attorney-Advisor Department of the Treasury Internal Revenue Service 1111 Constitution Avenue NW., Washington, DC 20224 Phone:202 622-3860