# Guidance Under Section 1502; Application of Section 108 to Members of a Consolidated Group
> **IRS** · Final regulations, temporary regulations, and removal of temporary regulations. · Published 2005-03-22 · Effective 2005-03-21 · 70 FR 14395
## Document
- **Document number:** 05-5528
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 70 FR 14395
- **CFR reference:** 26 CFR 1
- **Publication date:** 2005-03-22
- **Effective date:** 2005-03-21
- **Treasury docket:** TD 9192
## Abstract

This document contains final regulations under section 1502 of the Internal Revenue Code that govern the application of section 108 when a member of a consolidated group realizes discharge of indebtedness income. These final regulations affect corporations filing consolidated returns.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2005/03/22/05-5528/guidance-under-section-1502-application-of-section-108-to-members-of-a-consolidated-group)
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