Pub. L. 112-9, sec. 2 (as amended)

REPEAL OF EXPANSION OF INFORMATION REPORTING REQUIREMENTS TO PAYMENTS MADE TO CORPORATIONS AND TO PAYMENTS FOR PROPERTY AND OTHER GROSS PROCEEDS.

Year: 2011Length: 102 wordsOfficial source
SEC. 2. REPEAL OF EXPANSION OF INFORMATION REPORTING REQUIREMENTS TO PAYMENTS MADE TO CORPORATIONS AND TO PAYMENTS FOR PROPERTY AND OTHER GROSS PROCEEDS. (a) [26 U.S.C. 6041] Application to Corporations.—Section 6041 of the Internal Revenue Code of 1986 is amended by striking subsections (i) and (j). (b) Payments for Property and Other Gross Proceeds.—Subsection (a) of section 6041 of such Code is amended— (1) by striking “amounts in consideration for property,”, and (2) by striking “gross proceeds,” both places it appears. (c) [26 U.S.C. 6041 note] Effective Date.—The amendments made by this section shall apply to payments made after December 31, 2011.
Cross-references to the US Code
26 U.S.C. 604126 U.S.C. 6041 note
Pub. L. 112-9, sec. 2 (as amended): REPEAL OF EXPANSION OF INFORMATION REPORTING REQUIREMENTS TO PAYMENTS MADE TO CORPORATIONS AND TO PAYMENTS FOR PROPERTY AND OTHER GROSS PROCEEDS. | Justis AI