[Federal Register Volume 59, Number 55 (Tuesday, March 22, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-6583]


[[Page Unknown]]

[Federal Register: March 22, 1994]


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DEPARTMENT OF THE TREASURY
26 CFR Part 31

[IA-8-92]
RIN 1545-AR72

 

Taxpayer Identification Number (TIN) Matching Program

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice of proposed rulemaking by cross-reference to temporary 
regulations and notice of public hearing.

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SUMMARY: In the Rules and Regulations section of this issue of the 
Federal Register, the IRS is issuing temporary regulations relating to 
the establishment of a Taxpayer Identification Number (TIN) matching 
program under section 3406(i) of the Internal Revenue Code. The text of 
those temporary regulations also serves as the text of these proposed 
regulations. This document also provides notice of public hearing on 
these proposed regulations.

DATES: Written comments must be received by May 5, 1994. Requests to 
speak (with outlines of oral comments) at a public hearing scheduled 
for Friday, May 20, 1994, at 10 a.m. must be received by April 22, 
1994.

ADDRESSES: Send all submissions to: CC:DOM:CORP:T:R (IA-8-92), room 
5228, Internal Revenue Service, POB 7406, Ben Franklin Station, NW., 
Washington, DC 20044. In the alternative, all submissions may be hand 
delivered to: CC:DOM:CORP:T:R (IA-8-92), Internal Revenue Service, room 
5228, 1111 Constitution Avenue, NW., Washington, DC 20224.

FOR FURTHER INFORMATION CONTACT: Renay France, (202) 622-4910 
concerning the regulations; Carol Savage, Regulations Unit, at (202) 
622-7910 concerning the hearing; and Frances Drummond, (304) 263-8700 
concerning operational and systemic questions on the TIN matching 
program (not toll-free numbers).

SUPPLEMENTARY INFORMATION:

Background

    The temporary regulations published in the Rules and Regulations 
section of this issue of the Federal Register add Sec. 35a.3406-3 to 
the Temporary Employment Tax Regulations under the Interest and 
Dividend Tax Compliance Act of 1983. The text of those temporary 
regulations also serves as the text of these proposed regulations. The 
preamble to the temporary regulations explains the temporary 
regulations. Also, see Revenue Procedure 94-24, appearing in the I.R.B. 
dated April 4, 1994, which applies in tandem with the temporary rules.

Special Analyses

    It has been determined that this notice of proposed rulemaking is 
not a significant regulatory action as defined in EO 12866. Therefore, 
a regulatory assessment is not required. It also has been determined 
that section 553(b) of the Administrative Procedure Act (5 U.S.C. 
chapter 5) and the Regulatory Flexibility Act (5 U.S.C. chapter 6) do 
not apply to these regulations, and, therefore, a Regulatory 
Flexibility Analysis is not required. Pursuant to section 7805(f) of 
the Internal Revenue Code, this notice of proposed rulemaking will be 
submitted to the Chief Counsel for Advocacy of the Small Business 
Administration for comment on its impact on small business.

Comments and Public Hearing

    Before these proposed regulations are adopted as final regulations, 
consideration will be given to any written comments that are submitted 
timely (preferably a signed original and eight copies) to the IRS. All 
comments will be available for public inspection and copying.
    A public hearing has been scheduled for Friday, May 20, 1994 at 10 
a.m. in the IRS Auditorium, Internal Revenue Service Building, 1111 
Constitution Avenue, NW., Washington, DC. Because of access 
restrictions, visitors will not be admitted beyond the building lobby 
more than 15 minutes before the hearing starts.
    The rules of Sec. 601.601(a)(3) apply to the hearing.
    Persons that have submitted written comments by May 5, 1994 and 
want to present oral comments at the hearing must submit by Friday, 
April 2, 1994, an outline of the topics to be discussed and the time to 
be devoted to each topic. A period of 10 minutes will be allotted to 
each person for making comments.
    An agenda showing the scheduling of the speakers will be prepared 
after the deadline for receiving outlines has passed. Copies of the 
agenda will be available free of charge at the hearing.

Drafting Information

    The principal author of these regulations is Renay France, Office 
of Assistant Chief Counsel, Income Tax and Accounting. However, other 
personnel from the IRS and Treasury Department participated in their 
development.

List of Subjects in 26 CFR Part 31

    Employment taxes, Income taxes, Penalties, Pensions, Railroad 
retirement, Reporting and recordkeeping requirements, Social security, 
Unemployment compensation.

Proposed Amendments to the Regulations

    Accordingly, 26 CFR part 31 is proposed to be amended as follows:

PART 31--EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT THE 
SOURCE

    Paragraph 1. The authority citation for part 31 is amended by 
adding the following entry in numerical order to read as follows:

    Authority: 26 U.S.C. 7805 * * *
Section 31.3406-3 also issued under 26 U.S.C. 3406(i). * * *

    Para. 2. Section 31.3406-3 is proposed to be added to read as 
follows:


Sec. 31.3406-3  Taxpayer Identification Number (TIN) matching program.

[The text of this proposed section is the same as the text of 
Sec. 35a.3406-3 published elsewhere in this issue of the Federal 
Register].
Margaret Milner Richardson,
Commissioner of Internal Revenue.
[FR Doc. 94-6583 Filed 3-21-94; 8:45 am]
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