# Loss Limitation Rules
> **IRS** · Final and temporary regulations. · Published 2005-03-03 · Effective 2005-04-04 · 70 FR 10319
## Document
- **Document number:** 05-3951
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 70 FR 10319
- **CFR reference:** 26 CFR 1
- **Publication date:** 2005-03-03
- **Effective date:** 2005-04-04
- **Treasury docket:** TD 9187
## Abstract

This document contains final regulations under sections 337(d) and 1502 of the Internal Revenue Code (Code). These regulations disallow certain losses recognized on sales of subsidiary stock by members of a consolidated group. These regulations apply to corporations filing consolidated returns, both during and after the period of affiliation, and also affect purchasers of the stock of members of a consolidated group.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2005/03/03/05-3951/loss-limitation-rules)
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