Finanse publiczne · 22/07/2016

Temporary Regulations on Income Inclusion for Lessees of Investment Credit Property

The IRS has issued temporary regulations that provide guidance on income inclusion rules for lessees of investment credit property when a lessor treats the lessee as having acquired the property, and how these rules interact with recapture rules. These regulations will affect lessees of investment credit property when a lessor makes an election to treat the lessee as having acquired the property and an investment credit is determined under section 46.