Consolidated Returns-Limitations on the Use of Certain Credits
other · IRS · Rule · Published 2000-05-25 · Effective 2000-05-25 · 65 FR 33753
Document
Document number
00-11901
Federal Register citation
65 FR 33753
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
2000-05-25
Effective date
2000-05-25
Treasury docket
TD 8884
Abstract
This document contains final regulations regarding certain credits of corporations that become members of a consolidated group. The regulations provide rules for computing the limitation with respect to certain credits earned in a separate return limitation year (SRLY) and the carryover and carryback of those credits to consolidated and separate return years. The regulations also eliminate the application of the SRLY rules in certain circumstances in which the rules of section 383 also apply.