BN Business News
Add your company to Business Communicator →

Finanse publiczne · 29/11/2019

IRS Corrects Final Regulations on Section 108(i) for Partnerships and S Corporations

The IRS has corrected and removed temporary regulations regarding the application of section 108(i) of the Internal Revenue Code to partnerships and S corporations, specifically addressing the deferral of discharge of indebtedness income and original issue discount deductions for reacquisitions of debt instruments between 2009 and 2010.

Source: Federal Register — Department of the TreasuryOpen original release →