Finanse publiczne · 17/09/2012

IRS Proposes Regulations on Corporate Equity Reduction Transactions and Consolidated Net Operating Loss Carrybacks

The Internal Revenue Service (IRS) has released proposed regulations under Section 172(h) and Section 1502 of the Internal Revenue Code, addressing corporate equity reduction transactions and consolidated net operating losses (CNOLs). These regulations will primarily impact C corporations and corporations filing consolidated returns.