Uniform Capitalization of Interest Expense in Safe Harbor Sale and Leaseback Transactions
other · IRS · Rule · Published 2005-02-23 · Effective 2005-02-23 · 70 FR 8729
Document
Document number
05-3463
Federal Register citation
70 FR 8729
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
2005-02-23
Effective date
2005-02-23
Treasury docket
TD 9179
Abstract
This document contains amendments to regulations relating to the capitalization of interest expense incurred in sale and leaseback transactions under the Economic Recovery Tax Act of 1981 (ERTA) safe harbor leasing provisions. The regulations affect taxpayers that provide purchase money obligations in connection with these transactions.