Letters

SIA Submits Comments to the IRS on the Withholding, Reporting and Deposit Procedures for Certain Distributions

Summary

The Tax Compliance and Administration Committee of the Securities Industry Association (SIA)* provides comments to the Internal Revenue Service (IRS) and the U.S. Department of Treasury on the withholding, reporting and deposit procedures with respect to Section 302 distributions. 

*SIFMA is the product of the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

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