DTCC-NSCC Library Release Notes

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COM - Commissions

Effective in the September 2022 update, COM - Commissions includes the following changes to the COM Records:

: The following table describes the modifications to the COM 22/01 Contract Record #1:

Field
Description

Product Type Code

Conditional. If Contract ID (2007) is populated, then product type (2076) is required to be present.

Item # 2076

Field	Description
Product Type Code	Conditional. If Contract ID (2007) is populated, then product type (2076) is required to be present. Item # 2076

: The following table describes the new field added to the COM 22/05 Contract Recipient Record:

Field
Description

Recipient State Tax Withholding

Optional. This amount represents that state withholding netted from the commissions earned or recouped from the non-resident recipient (agent).

The Recipient State Tax Withholding field includes the following details:
Field Location: 258 - 273 (16 bytes)
Type: Numeric
Format: 9(14)v99

Item # 2425

Field	Description
Recipient State Tax Withholding	Optional. This amount represents that state withholding netted from the commissions earned or recouped from the non-resident recipient (agent). The Recipient State Tax Withholding field includes the following details: Field Location: 258 - 273 (16 bytes) Type: Numeric Format: 9(14)v99 Item # 2425