View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
TREAS/IRS | RIN: 1545-BP66 | Publication ID: Fall 2024 |
Title: Payment by Credit Card and Debit Card | |
Abstract:
Prior to passage of The Taxpayer First Act (TFA), IRC 6311(d) allowed the IRS to enter into contracts related to receiving tax payments by debit card or credit card but prohibited the IRS from paying a fee under such contract. The current regulations reflect this prohibition. The TFA amended section 6311(d) to allow the IRS to pay a fee under a contract related to receiving tax payments by debit or credit card so long as the fee is recouped from the taxpayer. These regulations remove the prohibition on paying a fee under such a contract, remove the prohibition on charging the tax payer a fee, specify that the reimbursement fee received from the taxpayer is not a tax and is not eligible for refund or credit under section 6402, specify that the error resolution procedures in the regulation apply to the reimbursement fee, and require the Commissioner to seek to minimize the amount of the fee paid under such a contract. The comment period for these proposed regulations was reopened on September 5, 2024, and closed on September 24, 2024. |
|
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: No |
CFR Citation: 26 CFR 301.6311-2 | |
Legal Authority: 26 U.S.C. 7805 26 U.S.C. 6311 |
Legal Deadline:
None |
||||||||||||||||||
Timetable:
|
Additional Information: REG-120137-19 (NPRM) Drafter attorney: Crystal Jackson-Kaloz (202) 317-5191 Reviewer attorney: John P. Stemwedel (202) 317-5072 Treasury attorney: Shamik Trivedi (202) 622-6288 CC:PA:B4 | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Crystal Jackson-Kaloz Attorney Department of the Treasury Internal Revenue Service 1111 Constitution Avenue NW, Washington , DC 20224 Phone:202 317-5191 Fax:202 317-5236 Email: crystal.l.jackson-kaloz@irscounsel.treas.gov |