[Code of Federal Regulations]
[Title 26, Volume 15]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR36.3121(l)(2)-1]

[Page 449]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 36_CONTRACT COVERAGE OF EMPLOYEES OF FOREIGN SUBSIDIARIES--Table of Contents
 
Sec. 36.3121(l)(2)-1  Effective period of agreement.

    (a) In general. An agreement entered into as provided in Sec. 
36.3121(l) (1)-1 shall be in effect for the period beginning with the 
first day of the calendar quarter in which the agreement is signed by 
the district director or director of the service center, or the first 
day of the calendar quarter following the calendar quarter in which the 
agreement is signed by the district director or director of the service 
center, whichever is specified in the agreement. In no case, however, 
shall the agreement be effective for any calendar quarter which begins 
prior to January 1, 1955.
    (b) Amendment of agreement. If an amendment on Form 2032 Supplement 
(filed by a domestic corporation to include in its agreement services 
performed for a foreign subsidiary not previously named therein) is 
signed by the district director or director of the service center, 
within the quarter for which the agreement is first effective or within 
the first calendar month following such quarter, the agreement shall be 
effective with respect to the subsidiary named in the amendment as of 
the date such agreement first became effective. However, if the 
amendment is signed by the district director or director of the service 
center after the last day of the fourth month for which the agreement is 
in effect, such agreement shall be in effect with respect to the 
subsidiary named in the amendment for the period beginning with the 
first day of the calendar quarter following the calendar quarter in 
which the amendment is signed by the district director or director of 
the service center.

[T.D. 7012, 34 FR 7694, May 15, 1969]