Finance & markets · 09/08/2013Updated: 10/17/2026 · 1 min read
IRS Issues Guidance on Deferred Debt Income and Original Issue Discount Deductions
Summary
The IRS has released final regulations and corrected temporary rules regarding the inclusion of deferred discharge of indebtedness income and the deduction of deferred original issue discount under section 108(i)(5)(D), as well as rules for taxpayers reacquiring debt instruments.
Original source language: Federal Register — Department of the TreasuryOpen original release →