Finance & markets · 28/12/2023Updated: 10/17/2026 · 1 min read
Bad Debt Deductions for Regulated Financial Companies and Members of Regulated Financial Groups: Proposed Regulations
Summary
The IRS has proposed new regulations to clarify when debt instruments held by regulated financial institutions or their affiliates are considered worthless for tax purposes, affecting these companies and their groups.
Original source language: Federal Register — Department of the TreasuryOpen original release →