Finanse publiczne · 17/03/1997

IRS Corrects Final and Temporary Regulations on Business Losses and Deductions

The Internal Revenue Service (IRS) has issued a correction to final and temporary regulations on business losses and deductions, which were published in the Federal Register on June 27, 1996, and relate to deductions and losses of members, carryover and carryback of losses, and built-in deduction rules.