View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

TREAS/IRS RIN: 1545-BL61 Publication ID: Spring 2019 
Title: Treatment of Income From Indian Fishing Rights-Related Activity as Compensation 
Abstract:

The final regulations would provide that amounts paid to an Indian tribe member as remuneration for services performed in a fishing rights-related activity (as defined in section 7873[b][1]) may be treated as compensation for purposes of applying the limits on qualified plan benefits and contributors imposed by section 415, even though those amounts are not subject to income tax under section 7873(a)(1).

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: 26 CFR 1.415(c)-2   
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 415(c)    26 U.S.C. 7873   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  11/15/2013  78 FR 68780   
NPRM Comment Period End  02/13/2014 
Final Action  11/00/2019 
Additional Information: REG-120927-13 Drafter attorney: Jamie L. Dvoretzky (202) 317-4102 Reviewer attorney: Pamela Kinard (202) 317-6000 Treasury attorney: Stephen LaGarde (202) 622-1351 CC:EEE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Tribal 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jamie Dvoretzky
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-4102
Fax:855 604-6087
Email: jamie.l.dvoretzky@irscounsel.treas.gov