# Guidance Under Section 1502; Suspension of Losses on Certain Stock Dispositions
> **IRS** · Final rule and removal of temporary regulations. · Published 2006-03-14 · Effective 2006-03-09 · 71 FR 13008
## Document
- **Document number:** 06-2411
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 71 FR 13008
- **CFR reference:** 26 CFR 1
- **Publication date:** 2006-03-14
- **Effective date:** 2006-03-09
- **Treasury docket:** TD 9254
## Abstract

This document contains final regulations under section 1502 of the Internal Revenue Code of 1986. The regulations apply when a member of a consolidated group transfers subsidiary stock at a loss. They also apply when a member holds loss shares of subsidiary stock and the subsidiary ceases to be a member of the group. These regulations finalize Sec. 1.1502-35T without substantive change.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2006/03/14/06-2411/guidance-under-section-1502-suspension-of-losses-on-certain-stock-dispositions)
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