CUNA Regulatory Comment Call


August 6, 2002

IRS Proposal Concerning Incorrect Taxpayer (Member) ID Numbers and Backup Withholding

EXECUTIVE SUMMARY

QUESTIONS ABOUT THE PROPOSAL

  1. Would the changes in this proposed regulation significantly reduce the IRS information reporting burden on your credit union?

    Yes ______ No ______

    If yes, please quantify the reduction in regulatory burden.













  2. Are there any other issues you feel should be addressed concerning receipt of multiple notices with respect to incorrect taxpayer identification numbers?

    Yes ______ No ______

    If so, please elaborate.













  3. Other comments?













Eric Richard • General Counsel • (202) 508-6742 • erichard@cuna.com
Mary Mitchell Dunn • SVP & Associate General Counsel • (202) 508-6736 • mdunn@cuna.com
Jeffrey Bloch • Assistant General Counsel • (202) 508-6732 • jbloch@cuna.com
Catherine Orr • Senior Regulatory Counsel • (202) 508-6743 • corr@cuna.com