Data / Federal rules / 2024-24224
Withholding on Certain Distributions Under Section 3405(a) and (b)
The Internal Revenue Service published this final rule in the Federal Register on October 21, 2024. It took effect on October 21, 2024.
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What the agency says
This document contains a final regulation regarding income tax withholding on certain periodic payments and nonperiodic distributions from employer deferred compensation plans, individual retirement plans, and commercial annuities that are not eligible rollover distributions. The regulation addresses a payor's obligation to withhold income taxes in the circumstances in which those payments or distributions are made to payees outside of the United States and affects payors and payees of those periodic payments and nonperiodic distributions.
Key facts
- Document number
- 2024-24224
- Type
- Final rule
- Action
- Final regulation
- Agency
- Treasury Department; Internal Revenue Service
- Published
- October 21, 2024
- Takes effect
- October 21, 2024
- Dates
- Effective date. This regulation is effective October 21, 2024.
- Docket
- TD 10008
- Regulation ID (RIN)
- 1545-BN52
- Code of Federal Regulations
- 26 CFR 31
- Topics
- Employment taxes; Income taxes; Penalties; Pensions; Railroad retirement; Reporting and recordkeeping requirements; Social security; Unemployment compensation
- Pages
- 5
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Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.