Backup Withholding on Third Party Network Transactions
This document contains final regulations governing backup withholding on reportable payments with respect to third party network transactions. The final regulations reflect recent changes to the statutory law that affect the backup withholding requirements for third party settlement organizations who make payments in settlement of third party network transactions.
Related coverage
- Presidential Declaration of a Major Disaster for Public Assistance Only for the State of West Virginia
- Presidential Declaration of a Major Disaster for Public Assistance Only for the State of Hawaii
- Removing Deference to Prior USCIS Determinations of Eligibility
- Removal of Automatic Extensions for Certain Employment Authorization Documents
- Removing 30-Day Refugee Termination Notice
- Trichloroethylene (TCE); Regulation Under the Toxic Substances Control Act (TSCA); Compliance Date Extensions