SECTION 5. APPLICATION AND

REQUIREMENTS FOR QPCA DETERMINATION

.01 Where to apply for QPCA determi- nation. A person authorized to act on behalf of a payment card organization may submit a written request for a QPCA determination to the following address:

Internal Revenue Service Martinsburg Computing Center 250 Murall Drive, Mail Stop 360 ATTN: TIN Matching Coordinator Kearneysville, WV 25430

.02 Content of QPCA application. A payment card organization requesting a QPCA determination must include the following in its application:

(1) The name, address, and employer identification number of the payment card organization and a description of its business.

2003–8 I.R.B. 514 February 24, 2003

application at least 30 days before the expiration of the current three-year term. In the event that the IRS does not issue a decision on a timely renewal application before the expiration of the existing QPCA determination, the determination will remain in effect until the IRS issues a decision on the renewal application.

.02 Revocation of determination. The IRS may revoke a QPCA determination before the expiration of its three-year term if the IRS determines, based on the results of the QPCA’s participation in the IRS TIN Matching Program, that the merchant/payee data is not reliable or if the payment card organization fails to meet any of the requirements in section 5, 6, or 7.