Finance & markets · 18/07/2003Updated: 10/17/2026 · 1 min read
IRS Issues Temporary Regulations on Tax Attributes Reduction Due to Indebtedness Discharge
Summary
The Internal Revenue Service (IRS) has proposed temporary regulations to reduce tax attributes for taxpayers who exclude discharge of indebtedness income from their gross income, affecting those who rely on section 108 of the Internal Revenue Code.
Original source language: Federal Register — Department of the TreasuryOpen original release →