Home / Agencies / Treasury / 2026-00254
Proposed Rule

Backup Withholding on Third Party Network Transactions

Agency
Treasury
Document Number
2026-00254
Published
January 9, 2026
Effective Date
-

Abstract

This document contains proposed amendments to the regulations governing backup withholding. The proposed regulations reflect recent changes to the statutory law. These changes will affect third party settlement organizations who make payments in settlement of third party network transactions.

Federal Register Source

This document is published by the Office of the Federal Register, National Archives and Records Administration. Access the full regulatory text, preamble, and docket comments below.

View Full Text on FederalRegister.gov →

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Frequently Asked Questions

What is the 2026-00254 Federal Register document?
Document 2026-00254 is a Proposed Rule published by the Department of the Treasury in the Federal Register on January 9, 2026. This document contains proposed amendments to the regulations governing backup withholding. The proposed regulations reflect recent changes to the statutory law. These changes will affect third party settlement organizations who make payments in settlement of third party network transactions. View the original at https://www.federalregister.gov/documents/2026/01/09/2026-00254/backup-withholding-on-third-party-network-transactions.
Is document 2026-00254 an economically significant rule?
No. Document 2026-00254 is not classified as economically significant under Executive Order 12866. Economically significant rules require OIRA review and are estimated to have impacts of $100 million or more per year.

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