Finanse publiczne · 23/09/2016

Correction to Temporary Regulations on Income Inclusion for Lessees of Investment Credit Property

The IRS has corrected temporary regulations (TD 9776) published on July 22, 2016, to clarify income inclusion rules for lessees of investment credit property when a lessor treats the lessee as having acquired the property, as per section 50(d)(5) of the Internal Revenue Code.