Governor Charles D. Baker's Budget Recommendation - House 1 Fiscal Year 2018

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Outside Section 33



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1099-K Notifications 2

SECTION 33.   Said section 8 of said chapter 62C , as so appearing, is hereby further amended by striking out, in line 10, the word "it" and inserting in place thereof the following words:- such payor.



Summary:
This section and the preceding section enable the Department of Revenue to implement new criteria for 1099-K notifications, allowing the Commissioner discretion to require reporting using criteria that may not match the federal criteria.



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