EMPLOYMENT TAX—Cont.

Proposed regulations:

26 CFR 1.402(b)–1, amended; 1.402(g)(3)–1, added; 1.403(b)–0, added; 1.403(b)–1 thru –3, revised; 1.403(b)–4 thru –11, added; 1.414(c)–5 redesignated as 1.414(c)–6; 1.414(c)–5, added; 31.3121(a)(5)–2, added; revised regulations concerning section 403(b) tax-sheltered annuity contracts (REG–155608–02) 49, 924 Publications, 1141, General Rules and Specifications for Substi tute Forms W-2 and W-3, revised (RP 54) 34, 325 Regulations:

26 CFR 1.6081–1, amended; 1.6081–3, revised; 1.6081–8, –9, added; 1.6081–8T, –9T, removed; 31.6081(a)–1, amended; 31.6081(a)–1T, removed; 301.6651(c)(4), amended; 602.101, amended; automatic extension of time to file certain information returns and exempt organization returns (TD 9163) 52, 1025 26 CFR 31.3121(a)(5)–2T, added; payments made by reason of a salary reduction agreement (TD 9159) 49, 895 26 CFR 31.3406(g)–1, amended; 31.3406(j)–1, amended; 31.3406(j)–1T, removed; 301.6724–1, amended; 602.101, amended; information reporting and backup withholding for payment card transactions (TD 9136) 31, 112 26 CFR 31.6091–1, amended; place for filing (TD 9156) 42, 669 26 CFR 31.6302(c)–3, amended; federal unemployment tax deposits, de minimis threshold (TD 9162) 51, 987 Salary reduction agreement, definition for purposes of section

3121(a)(5)(D) (TD 9159) 49, 895 Social security contribution and benefit base, domestic employee

coverage threshold, 2005 (Notice 73) 46, 841 Substitute Forms W-2 and W-3, general rules and specifications

(RP 54) 34, 325 Tax-sheltered annuities, section 403(b) contracts (REG–155608–02) 49, 924 Treatment of amounts paid an employee:

As consideration for cancellation of an employment contract

and relinquishment of contract rights (RR 110) 50, 960 As “reimbursements” for parking expense, paid through a

salary reduction (RR 98) 42, 664 For a ratifying bonus pursuant to a collective bargaining

agreement or a signing bonus to a baseball player (RR 109) 50, 958