Finanse publiczne · 28/03/2016

IRS Issues Final Regulations on Net Built-In Losses for Corporate Tax Purposes

The Internal Revenue Service (IRS) has released final regulations under sections 334(b)(1)(B) and 362(e)(1) of the Internal Revenue Code of 1986, affecting certain corporations that receive nonrecognition transfers of loss property, as well as corporations that transfer assets to or from shareholders in exchange for stock.