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TREAS/IRS | RIN: 1545-BP66 | Publication ID: Spring 2020 |
Title: ●Payment by Credit Card and Debit Card | |
Abstract:
Prior to passage of The Taxpayer First Act (TFA), I.R.C. 6311(d) allowed the IRS to enter into contracts related to receiving tax payments by debit card or credit card, but prohibited the IRS from paying a fee under such contract. The current regulations reflect this prohibition. The TFA amended section 6311(d) to allow the IRS to pay a fee under a contract related to receiving tax payments by debit or credit card so long as the fee is recouped from the taxpayer. The proposed regulations remove the prohibition on paying a fee under such a contract, remove the prohibition on charging the taxpayer a fee, specifies that the reimbursement fee received from the taxpayer is not a tax and is not eligible for refund or credit under section 6402, specifies that the error resolution procedures in the regulation apply to the reimbursement fee, and requires the Commissioner to seek to minimize the amount of the fee paid under such a contract. |
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Agency: Department of the Treasury(TREAS) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Not subject to, not significant | |
CFR Citation: 26 CFR 301.6311-2 | |
Legal Authority: 26 U.S.C. 7805 26 U.S.C. 6311 |
Legal Deadline:
None |
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Timetable:
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Additional Information: REG-120137-19 (NPRM) Drafting attorney: Alicia Goldstein (202) 317-6832 Reviewing attorney: Mitchel Hyman (202) 317-5436 Treasury attorney: Jarrett Jacinto (202) 622-3505 CC:PA:B4 | |
Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Alicia E. Goldstein Attorney Department of the Treasury Internal Revenue Service 1111 Constitution Avenue NW., Room 5535, Washington, DC 20224 Phone:202 317-6832 Fax:202 317-5236 Email: alicia.goldstein@irscounsel.treas.gov |