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Finanse publiczne · 18/06/2024

IRS Proposes Regulations on Partnership Related-Party Basis Adjustment Transactions

The IRS has proposed regulations that would require material advisors and certain participants in certain partnership related-party basis adjustment transactions to file disclosures with the IRS and be subject to penalties for failure to disclose, affecting participants and material advisors in these transactions.

Source: Federal Register — Department of the TreasuryOpen original release →