Revisions to Regulations Relating to Withholding of Tax on Certain U.S. Source Income Paid to Foreign Persons and Revisions of Information Reporting Regulations; Correction

---
identifier: "/us/fr/06-4088"
source: "fr"
legal_status: "authoritative_unofficial"
title: "Revisions to Regulations Relating to Withholding of Tax on Certain U.S. Source Income Paid to Foreign Persons and Revisions of Information Reporting Regulations; Correction"
title_number: 0
title_name: "Federal Register"
section_number: "06-4088"
section_name: "Revisions to Regulations Relating to Withholding of Tax on Certain U.S. Source Income Paid to Foreign Persons and Revisions of Information Reporting Regulations; Correction"
positive_law: false
currency: "2006-05-02"
last_updated: "2006-05-02"
format_version: "1.1.0"
generator: "[email protected]"
agency: "Treasury Department"
document_number: "06-4088"
document_type: "rule"
publication_date: "2006-05-02"
agencies:
  - "Treasury Department"
  - "Internal Revenue Service"
cfr_references:
  - "26 CFR Part 1"
rin: "1545-AY92"
fr_citation: "71 FR 25747"
fr_volume: 71
docket_ids:
  - "TD 9253"
effective_date: "2006-03-14"
fr_action: "Correcting amendment."
---


#  [Corrected]

**AGENCY:**

Internal Revenue Service (IRS), Treasury.

**ACTION:**

Correcting amendment.

**SUMMARY:**

This document corrects final regulations and removal of temporary regulations (TD 9253) that was published in the *Federal Register* on Tuesday, March 14, 2006 (71 FR 13003) relating to the withholding of tax under section 1441 on certain U.S. source income paid to foreign persons and related requirements governing collection, deposit, refunds, and credits of withheld amounts under sections 1461 through 1463.

**DATES:**

This correction is effective March 14, 2006.

**FOR FURTHER INFORMATION CONTACT:**

Ethan Atticks, (202) 622-3840 (not a toll-free number).

**SUPPLEMENTARY INFORMATION:**

**Background**

The final regulations and removal of temporary regulations (TD 9253) that is the subject of this correction are under section 1441 of the Internal Revenue Code.

**Need for Correction**

As published, TD 9253 contains an error that may prove to be misleading and is in need of clarification.

**List of Subjects in 26 CFR Part 1**

Income taxes, Reporting and recordkeeping requirements.

**26 CFR Part 1**

**Correction of Publication**

Accordingly, 26 CFR part 1 is corrected by making the following correcting amendment:

**PART 1—INCOME TAXES**

*Paragraph 1.* The authority citation for part 1 continues to read, in part, as follows:

**Authority:**

26 U.S.C. 7805 * * *

§ 1.1441-6

*Par. 2.* Section 1.1441-6(b)(1) is amended by removing the language “If the beneficial owner is related to the person obligated to pay the income, within the meaning of section 267(b) or 707(b), the withholding certificate must also contain a representation that the beneficial owner will file the statement required under § 301.6114-1(d) of this chapter (if applicable). The requirement to file an information statement under section 6114 for income subject to withholding applies only to amounts received during the taxpayer's taxable year that, in the aggregate, exceed $500,000. See § 301.6114-1(d) of this chapter.”.

Guy R. Traynor,

Chief, Publications and Regulations Branch, Legal Processing Division, Associate Chief Counsel (Procedure and Administration).