# Guidance Under Section 1502; Suspension of Losses on Certain Stock Dispositions
> **IRS** · Final and temporary regulations. · Published 2003-03-14 · Effective 2003-03-14 · 68 FR 12287
## Document
- **Document number:** 03-6119
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 68 FR 12287
- **CFR reference:** 26 CFR 1
- **Publication date:** 2003-03-14
- **Effective date:** 2003-03-14
- **Treasury docket:** TD 9048
## Abstract

This document contains final and temporary regulations under section 1502 that redetermine the basis of stock of a subsidiary member of a consolidated group immediately prior to certain transfers of such stock and certain deconsolidations of a subsidiary member. In addition, this document contains temporary regulations that suspend certain losses recognized on the disposition of stock of a subsidiary member. The regulations apply to corporations filing consolidated returns. The text of the temporary regulations serves as the text of the proposed regulations set forth in the Proposed Rules section of this issue of the Federal Register.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2003/03/14/03-6119/guidance-under-section-1502-suspension-of-losses-on-certain-stock-dispositions)
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