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TREAS/IRS RIN: 1545-BK06 Publication ID: Spring 2016 
Title: Federal Procurement Payment Tax 
Abstract:

A two 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: Final Rule Stage 
Major: No  Unfunded Mandates: Undetermined 
CFR Citation: 26 CFR 1.5000C-1   
Legal Authority: 26 U.S.C. 5000C    26 U.S.C. 7805   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  04/22/2015  80 FR 22449   
NPRM Comment Period End  07/21/2015 
Final Action  12/00/2016 
Additional Information: REG-103281-11 Drafting attorney: Kate Y. Hwa (202) 317-6934 Reviewing attorney: Jason Smyczek (202) 317-6937 Treasury attorney: Doug Poms (202) 622-1754 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 
Related RINs: Related to 1545-BK07 
Agency Contact:
Kate Y. Hwa
Attorney-Advisor
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 622-3840