Guidance Under Section 1502; Application of Section 108 to Members of a Consolidated Group
other · IRS · Rule · Published 2003-12-11 · Effective 2003-12-10 · 68 FR 69024
Document
Document number
03-30636
Federal Register citation
68 FR 69024
CFR reference
26 CFR 1
Type
Rule
Action
Temporary regulations.
Category
other
Sub-agency
IRS
Publication date
2003-12-11
Effective date
2003-12-10
Treasury docket
TD 9098
Abstract
This document contains amendments to temporary regulations under section 1502 that govern the application of section 108 when a member of a consolidated group realizes discharge of indebtedness income. These temporary regulations affect corporations filing consolidated returns. The text of the temporary regulations also serves as the text of the proposed regulations set forth in the notice of proposed rulemaking on this subject in the proposed rules section in this issue of the Federal Register.