§ 1.1474-4. Tax paid only once.
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/us/cfr/t26/s§ 1.1474-4·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Tax paid. If the tax required to be withheld under chapter 4 on a payment is paid by the payee, beneficial owner, or the withholding agent, it shall not be re-collected from any other, regardless of the original liability therefor. However, this section does not relieve a person that was required to, but did not, withhold tax from liability for interest or any penalties or additions to tax otherwise applicable.
(b)Effective/applicability date. This section applies January 28, 2013. [T.D. 9610, 78 FR 5992, Jan. 28, 2013]
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§ 1.1474-4
Tax paid only once.
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Treas. Dec.T.D. 9610
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