PUBLIC LAW 97-248—SEPT. 3, 1982 "(ii) any a m o u n t described in section 3454(a){2)(D) or (E), "(D) except to the extent otherwise provided in regulations, any a m o u n t not described in subparagraph (C) of this paragraph which is income from sources outside the United States or which is paid by— "(i) a foreign government or international organization or any agency or i n s t r u m e n t a l i t y thereof, "(ii) a foreign central bank of issue, "(iii) a foreign corporation not engaged in a trade or business in the United States, "(iv) a foreign corporation, the interest payments of which would be exempt from withholding under subchapter A of chapter 3 if paid to a person who is not a United States person, or "(v) a partnership not engaged in a trade or business in the United States and composed in whole of nonresident alien individuals and persons described in clause (i), (ii), or (iii), and "(E) any a m o u n t on which the person making payment is required to deduct and withhold a tax under section 1451 (relating to tax-free covenant bonds), or would be so required but for section 1451(d) (relating to benefit of personal exemptions). "(3)
P A Y M E N T S BY UNITED STATES NOMINEES, ETC., OF UNITED
STATES PERSON.—If, within the United States, a United States person— "(A) collects interest (or otherwise acts as a middleman between the payor and payee) from a foreign person described in paragraph (2)(D) or collects interest from a United States person which is income from sources outside the United States for a second person who is a United States person, or "(B) makes payments of such interest to such second United States person, notwithstanding paragraph (2)(D), such payment shall be subject to the requirements of subsection (a) with respect to such second United States person. "(c) STATEMENTS TO B E F U R N I S H E D TO PERSONS W I T H RESPECT TO W H O M INFORMATION IS F U R N I S H E D. —
"(1) IN GENERAL.—Every person making a r e t u r n under subsection (a) shall furnish to each person whose n a m e is set forth in such r e t u r n a written statement showing— "(A) the n a m e and address of the person making such return, "(B) the aggregate a m o u n t of payments to, or the aggregate a m o u n t includible in the gross income of, the person as shown on such r e t u r n, and "(C) the aggregate a m o u n t of tax deducted and withheld with respect to such person under subchapter B of chapter 24. "(2)
STATEMENT MUST BE FURNISHED ON OR BEFORE JANUARY
31.—The written statement required under the preceding sentence shall be furnished to the person on or before January 31 of the year following the calendar year for which the r e t u r n under subsection (a) was made.
96 STAT. 593
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