Finance & markets · 10/06/2016
IRS Issues Final Regulations on Discharge of Indebtedness Income for Grantor Trusts and Disregarded Entities
The IRS has released final regulations clarifying the exclusion of discharge of indebtedness income from gross income for grantor trusts and disregarded entities, affecting their owners and the entities themselves.
Original source language: Federal Register — Department of the TreasuryOpen original release →