SECTION 4. DEFINITIONS AND

RELATED RULES

The following definitions and related rules apply solely for purposes of this revenue procedure:

.01 Cardholder . A cardholder (or cardholder/payor) is the person that agrees to make the payment through the payment card organization. Thus, in the case of a payment card issued to an employee of a person that agrees to make payments through the payment card organization, the employer rather than the employee is the cardholder/payor.

26 CFR 31.3406(g)–1(f). (Also: 26 CFR 301.6724–1.)

Qualified Payment Card Agent Determination

Rev. Proc. 2004–42