Statement of Purpose, Effective Date, Outline of Topics

(a) Statement of Purpose . 830 CMR 62B.2.1 explains the requirements of employers and other persons to withhold the Massachusetts income tax on wages and payments, as required by M.G.L. c. 62B, §§ 1 through 12.

(b) Effective Date . All sections of 830 CMR 62B.2.1 except 830 CMR 62B.2.1(6) are effective as of date of promulgation. 830 CMR 62B.2.1(6) is effective for taxable years beginning on or after January 1, 2006.

(c) Outline of Topics . 830 CMR 62B.2.1 is organized as follows:

1. Statement of Purpose, Effective Date, Outline of Topics 2. Definitions 3. Income Subject to Withholding 4. Employers and Other Persons Required to Withhold; Amount to Withhold 5. Employer and Employee Reporting Obligations 6. Registration and Reporting Obligations of Payers of Compensation to Performers or Performing Entities; Reporting Obligation of Performing Entity 7. Returns and Payments 8. Methods of Calculation 9. Multiple Withholding 10. Pensions, Annuities, and other Retirement Arrangements 11. Fringe Benefits 12. Interest and Penalties 13. Credit Against Taxes