Finance & markets · 11/06/2003Updated: 10/17/2026 · 1 min read
IRS Cancels Public Hearing on Stock Disposition Regulations
Summary
The Internal Revenue Service (IRS) has suspended a public hearing on proposed regulations under Section 1502 of the Internal Revenue Code, which aimed to reevaluate the basis of stock in a subsidiary of a consolidated group following specific transfers of such stock.