U.S. Code > Title 26 Internal Revenue Code > Subtitle F—Procedure and Administration (§§ 6001—7874) > CHAPTER 61—INFORMATION AND RETURNS (§§ 6001—6116) > Subchapter A—Returns and Records (§§ 6001—6096) > PART III—INFORMATION RETURNS (§§ 6031—6060) > Subpart B—Information Concerning Transactions With Other Persons (§§ 6041—6050W) > § 6045A. Information required in connection with transfers of covered securities to brokers

§ 6045A. Information required in connection with transfers of covered securities to brokers

(a) Furnishing of information
Every applicable person which transfers to a broker (as defined in section 6045 (c)(1)) a security which is a covered security (as defined in section 6045 (g)(3)) in the hands of such applicable person shall furnish to such broker a written statement in such manner and setting forth such information as the Secretary may by regulations prescribe for purposes of enabling such broker to meet the requirements of section 6045 (g).
(b) Applicable person
For purposes of subsection (a), the term “applicable person” means—
(1) any broker (as defined in section 6045 (c)(1)), and
(2) any other person as provided by the Secretary in regulations.
(c) Time for furnishing statement
Except as otherwise provided by the Secretary, any statement required by subsection (a) shall be furnished not later than 15 days after the date of the transfer described in such subsection.