Page:United States Statutes at Large Volume 124.djvu/132

124 STAT. 106 PUBLIC LAW 111–147—MAR. 18, 2010 ‘‘(4) CERTAIN WITHHOLDING TAXES.—In the case of any over- payment resulting from tax deducted and withheld under chapter 3 or 4, paragraphs (1), (2), and (3) shall be applied by substituting ‘180 days’ for ‘45 days’ each place it appears.’’. (c) CONFORMING AMENDMENTS.— (1) Section 6414 is amended by inserting ‘‘or 4’’ after ‘‘chapter 3’’. (2) Paragraph (1) of section 6501(b) is amended by inserting ‘‘4,’’ after ‘‘chapter 3,’’. (3) Paragraph (2) of section 6501(b) is amended— (A) by inserting ‘‘4,’’ after ‘‘chapter 3,’’ in the text thereof, and (B) by striking ‘‘TAXES AND TAX IMPOSED BY CHAPTER 3’’ in the heading thereof and inserting ‘‘AND WITHHOLDING TAXES’’. (4) Paragraph (3) of section 6513(b) is amended— (A) by inserting ‘‘or 4’’ after ‘‘chapter 3’’, and (B) by inserting ‘‘or 1474(b)’’ after ‘‘section 1462’’. (5) Subsection (c) of section 6513 is amended by inserting ‘‘4,’’ after ‘‘chapter 3,’’. (6) Paragraph (1) of section 6724(d) is amended by inserting ‘‘under chapter 4 or’’ after ‘‘filed with the Secretary’’ in the last sentence thereof. (7) Paragraph (2) of section 6724(d) is amended by inserting ‘‘or 4’’ after ‘‘chapter 3’’. (8) The table of chapters of the Internal Revenue Code of 1986 is amended by adding at the end the following new item: ‘‘CHAPTER 4—TAXES TO ENFORCE REPORTING ON CERTAIN FOREIGN ACCOUNTS.’’. (d) EFFECTIVE DATE.— (1) IN GENERAL.—Except as otherwise provided in this sub- section, the amendments made by this section shall apply to payments made after December 31, 2012. (2) GRANDFATHERED TREATMENT OF OUTSTANDING OBLIGA- TIONS.—The amendments made by this section shall not require any amount to be deducted or withheld from any payment under any obligation outstanding on the date which is 2 years after the date of the enactment of this Act or from the gross proceeds from any disposition of such an obligation. (3) INTEREST ON OVERPAYMENTS.—The amendment made by subsection (b) shall apply— (A) in the case of such amendment’s application to paragraph (1) of section 6611(e) of the Internal Revenue Code of 1986, to returns the due date for which (determined without regard to extensions) is after the date of the enact- ment of this Act, (B) in the case of such amendment’s application to paragraph (2) of such section, to claims for credit or refund of any overpayment filed after the date of the enactment of this Act (regardless of the taxable period to which such refund relates), and (C) in the case of such amendment’s application to paragraph (3) of such section, to refunds paid after the date of the enactment of this Act (regardless of the taxable period to which such refund relates). Applicability. 26 USC 1471 note. 26 USC 6414. Applicability.