other · IRS · Rule · Published 2005-05-05 · Effective 2004-12-22 · 70 FR 23790
Document
Document number
05-8912
Federal Register citation
70 FR 23790
CFR reference
26 CFR 1
Type
Rule
Action
Correcting amendment.
Category
other
Sub-agency
IRS
Publication date
2005-05-05
Effective date
2004-12-22
Treasury docket
TD 9170
Abstract
This document corrects temporary regulations (TD 9170) that were published in the Federal Register on Wednesday, December 22, 2004 (69 FR 76612). The document contains temporary regulations providing guidance concerning the applicability of section 1374 to S corporations that acquire assets in carryover basis transactions from C corporations on or after December 27, 1994, and to certain corporations that terminate S corporation status and later elect again to become S corporations.