On August 24, 2021, the IRS published Notice 2021-51, intending to defer the applicability date of certain provisions under sections 1446(a) and (f) to January 1, 2023, from January 1, 2022. Those provisions relate to withholding and reporting on transfers of publicly traded partnership interests, withholding on distributions made with respect to publicly traded partnership interest, and withholding by partnerships on distributions to transferees. This deadline shift came as the industry commented on the challenges for implementing these rules including designing, building, testing, and implementing systems and processes to withholding and report under these new rules.
Check out Notice 2021-51 here: https://www.irs.gov/pub/irs-drop/n-21-51.pdf
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