Guidance Under Section 1502; Suspension of Losses on Certain Stock Dispositions; Correction
other · IRS · Rule · Published 2004-01-13 · Effective 2003-03-14 · 69 FR 1918
Document
Document number
04-710
Federal Register citation
69 FR 1918
CFR reference
26 CFR 1
Type
Rule
Action
Corrections to final and temporary regulations.
Category
other
Sub-agency
IRS
Publication date
2004-01-13
Effective date
2003-03-14
Treasury docket
TD 9048
Abstract
This document corrects final and temporary regulations (TD 9048) published in the Federal Register on March 14, 2003 (68 FR 12287). The final and temporary regulations 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 and also suspend certain losses recognized on the disposition of stock of a subsidiary member.