SECTION 5. DRAFTING

INFORMATION

The principal author of this notice is Cleve Lisecki of the Office of Associate Chief Counsel (International). For further information regarding this notice, contact Mr. Lisecki at (202) 435–5262 (not a tollfree call).

Following is a list of related instructions and forms for filing Form 1042–S Electronically/Magnetically:

• Current Instructions for Form 1042–S • Form 4419 — Application for Filing Information Returns Electronically/Magnetically • Form 4804 — Transmittal of Information Returns Reported Magnetically • Form 8508 — Request for Waiver From Filing Information Returns Electronically/Magnetically • Form 8809 — Application for Extension of Time To File Information Returns • Notice 210 — Preparation Instructions for Media Labels • Publication 515 — Withholding of Tax on Nonresident Aliens and Foreign Entities (for general information and expla

nation of tax law associated with Form 1042–S)

The Internal Revenue Service (IRS), Enterprise Computer Center at Martinsburg (ECC-MTB) encourages filers to make copies of the blank forms in the back of this publication for future use. These forms can also be obtained by calling 1–800–TAX–FORM (1–800–829–3676). You can also download forms and publications from the IRS Web Site at www.irs.gov.

2006–38 I.R.B. 460 September 18, 2006

IMPORTANT NOTES:

IRS/ECC-MTB now offers an Internet connection at http://fire.irs.gov for electronic filing. The FIRE System will be down from Dec. 22, 2006, through Jan. 2, 2007, for upgrading. It is not operational during this time for submissions.

For files submitted on the FIRE System, it is the responsibility of the filer to check the status within 5 business days to verify the results of your transmission. ECC-MTB will no longer mail error reports for files which are bad. See Part B, Sec. 1, .03. IRS/ECC-MTB no longer accepts 3 ¹ /2-inch diskettes for filing information returns.

For tax year 2008 forms filed in calendar year 2009, IRS/ECC-MTB will no longer accept tape cartridges. Electronic filing will be the ONLY acceptable method for filing Form 1042–S at ECC-MTB.

Rev. Proc. 2006–34

TABLE OF CONTENTS

Part A. General

SEC. 1. PURPOSE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 463

SEC. 2. NATURE OF CHANGES—CURRENT YEAR (TAX YEAR 2006 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 463