At-Risk Limitations; Interest Other Than That of a Creditor
other · IRS · Rule · Published 2004-05-03 · Effective 2004-05-03 · 69 FR 24078
Document
Document number
04-10010
Federal Register citation
69 FR 24078
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
2004-05-03
Effective date
2004-05-03
Treasury docket
TD 9124
Abstract
These regulations finalize the rules relating to the treatment, for purposes of the at-risk limitations, of amounts borrowed from a person who has an interest in an activity other than that of a creditor or from a person related to a person (other than the borrower) with such an interest. These regulations affect taxpayers subject to the at-risk limitations and provide them with guidance necessary to comply with the law.