Sec. 31.3406(a)-3 Scope and extent of accounts subject to backup withholding.

(a) on the accounts subject to withholding under section 31.3406(a)-1(b)(1)(i) or (b)(2)(ii); and

(b) On the accounts subject to withholding under section 31.3406(a)-1(b)(1)(ii) or (b)(2)(i), as described under section 31.3406(d)-5 (relating to notification of incorrect TIN) or section 31.3406(c)-1 (relating to notified payee underreporting), respectively.