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TREAS/IRS RIN: 1545-BL61 Publication ID: Fall 2016 
Title: Treatment of Income From Indian Fishing Rights-Related Activity as Compensation 

The final regulations would provide that amounts paid to an Indian tribe member as remuneration for services performed in a fishing rights-related activity (as defined in section 7873[b][1]) may be treated as compensation for purposes of applying the limits on qualified plan benefits and contributors imposed by section 415, even though those amounts are not subject to income tax under section 7873(a)(1).

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: Undetermined  Unfunded Mandates: No 
CFR Citation: 26 CFR 1.415(c)-2   
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 415(c)    26 U.S.C. 7873   
Legal Deadline:  None
Action Date FR Cite
NPRM  11/15/2013  78 FR 68780   
NPRM Comment Period End  02/13/2014 
Final Action  12/00/2016 
Additional Information: REG-120927-13 Drafting attorney: Robert Walsh (202) 317-4102 Reviewing attorney: Pamela Kinard (202) 317-4148 CC:TEGE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Tribal 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Robert M. Walsh
Tax Law Specialist
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-4102
Fax:855 604-6087