[Code of Federal Regulations]
[Title 41, Volume 4]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR302-12.108]

[Page 192]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
                   CHAPTER 302--RELOCATION ALLOWANCES
 
PART 302-12_USE OF A RELOCATION SERVICES COMPANY--Table of Contents
 
         Subpart B_Agency's Use of a Relocation Services Company
 
Sec. 302-12.108  What are the income tax consequences that we must 
consider when offering relocation services?

    Amounts you pay to a relocation services company on behalf of an 
employee may be taxable to the employee. In some cases, such as certain 
homesale programs, the amounts may not be taxable. You must determine 
the taxability of such payments, and pay a relocation income tax (RIT) 
allowance in accordance with part 302-17 of this chapter on payments you 
determine to be taxable to the employee. You may contact the: Assistant 
Chief Counsel (Income Tax & Accounting), Internal Revenue Service, 1111 
Constitution Avenue, NW., Room 5501, Washington, DC 20224, for 
information on the income tax consequences of payments you make to a 
relocation services company.