Statutory Guidelines [Appendix A(6) Revenue Procedure 93-34] regarding rules under which a designated settlement fund described in section 468B(d)(2) of the Internal Revenue Code or a qualified settlement fund described in section 1.468B-1 of the Income Tax Regulations will be considered "a party to the suit or agreement" for purposes of section 130.
Pennsylvania Revenue Procedure 93-34, also known as PA Rev Pro 93-34, is a document issued by the Pennsylvania Department of Revenue that provides guidelines and clarification on various tax-related matters in the state. This revenue procedure is of significance to individuals, businesses, and tax professionals operating in Pennsylvania as it outlines specific rules and procedures governing tax compliance. The primary aim of Pennsylvania Revenue Procedure 93-34 is to establish consistency and uniformity in the interpretation and administration of tax laws, ensuring fair practices across the state. It covers a wide range of tax-related topics, including filing requirements, deductions, exemptions, tax credits, and payment deadlines. This procedure acts as a guide for taxpayers in understanding their obligations and rights under Pennsylvania's tax laws, alleviating any ambiguity or confusion. Under Pennsylvania Revenue Procedure 93-34, there might be different variations or updates over time to address specific tax issues. Some potential types or revisions of this procedure could include: 1. Pennsylvania Revenue Procedure 93-34-1: This could be an amendment or revision to the original procedure, providing additional guidance or addressing changes in tax legislation specific to a particular tax year or time period. 2. Pennsylvania Revenue Procedure 93-34-2: Similarly, this could be another version of the revenue procedure, serving as an update or clarification to the previously issued guidance. 3. Pennsylvania Revenue Procedure 93-34-Extension: This type of variation might outline extensions, if any, to the deadlines mentioned in the original revenue procedure due to exceptional circumstances or emergencies. It is important for taxpayers in Pennsylvania to stay updated with the latest versions and revisions of Pennsylvania Revenue Procedure 93-34, as non-compliance may result in penalties or unnecessary disputes with the Department of Revenue. Regularly checking the Pennsylvania Department of Revenue's official website or consulting a tax professional can provide the most accurate and up-to-date information regarding this revenue procedure and its variations.Pennsylvania Revenue Procedure 93-34, also known as PA Rev Pro 93-34, is a document issued by the Pennsylvania Department of Revenue that provides guidelines and clarification on various tax-related matters in the state. This revenue procedure is of significance to individuals, businesses, and tax professionals operating in Pennsylvania as it outlines specific rules and procedures governing tax compliance. The primary aim of Pennsylvania Revenue Procedure 93-34 is to establish consistency and uniformity in the interpretation and administration of tax laws, ensuring fair practices across the state. It covers a wide range of tax-related topics, including filing requirements, deductions, exemptions, tax credits, and payment deadlines. This procedure acts as a guide for taxpayers in understanding their obligations and rights under Pennsylvania's tax laws, alleviating any ambiguity or confusion. Under Pennsylvania Revenue Procedure 93-34, there might be different variations or updates over time to address specific tax issues. Some potential types or revisions of this procedure could include: 1. Pennsylvania Revenue Procedure 93-34-1: This could be an amendment or revision to the original procedure, providing additional guidance or addressing changes in tax legislation specific to a particular tax year or time period. 2. Pennsylvania Revenue Procedure 93-34-2: Similarly, this could be another version of the revenue procedure, serving as an update or clarification to the previously issued guidance. 3. Pennsylvania Revenue Procedure 93-34-Extension: This type of variation might outline extensions, if any, to the deadlines mentioned in the original revenue procedure due to exceptional circumstances or emergencies. It is important for taxpayers in Pennsylvania to stay updated with the latest versions and revisions of Pennsylvania Revenue Procedure 93-34, as non-compliance may result in penalties or unnecessary disputes with the Department of Revenue. Regularly checking the Pennsylvania Department of Revenue's official website or consulting a tax professional can provide the most accurate and up-to-date information regarding this revenue procedure and its variations.
