Finance & markets · 04/06/2003

IRS Corrects Temporary Regulations on Consolidated Group Stock Dispositions

The Internal Revenue Service (IRS) has corrected temporary regulations (TD 9048) regarding the basis of stock in a subsidiary member of a consolidated group, which were published in the Federal Register on March 14, 2003, and suspended losses on certain stock dispositions.

Original source language: Federal Register — Department of the TreasuryOpen original release →

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