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Finanse publiczne · 12/06/2012

Basis of Indebtedness of S Corporations to Their Shareholders: Proposed Regulations

The Internal Revenue Service (IRS) has proposed new regulations that would require S corporation shareholders to prove that any indebtedness to the corporation is 'bona fide' in order to increase their basis in the corporation, affecting shareholders of S corporations and prompting a public hearing.

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