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Recapture of Excess Employment Tax Credits Under the American Relief Plan Act of 2021

tax-irs · IRS · Rule · Published 2021-09-10 · Effective 2021-09-10 · 86 FR 50637

Document

Document number
2021-19524
Federal Register citation
86 FR 50637
CFR reference
26 CFR 31
Type
Rule
Action
Temporary regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2021-09-10
Effective date
2021-09-10
Treasury docket
TD 9953

Abstract

This document sets forth temporary regulations under sections 3131, 3132, and 3134 of the Internal Revenue Code (Code), added by sections 9641 and 9651 of the American Rescue Plan Act of 2021. These temporary regulations authorize the assessment of any erroneous refund of the tax credits paid under sections 3131, 3132 (including any increases in those credits under section 3133), and 3134 of the Code. The text of these temporary regulations also serves as the text of the proposed regulations (REG-109077-21) set forth in the notice of proposed rulemaking on this subject in the Proposed Rules section of this issue of the Federal Register.

Source

Authoritative
Federal Register document
Machine
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