Extended Carryback of Losses to or From a Consolidated Group; Correction
other · IRS · Rule · Published 2010-07-30 · Effective 2010-07-30 · 75 FR 44901
Document
Document number
2010-18677
Federal Register citation
75 FR 44901
CFR reference
26 CFR 1
Type
Rule
Action
Correcting amendment.
Category
other
Sub-agency
IRS
Publication date
2010-07-30
Effective date
2010-07-30
Treasury docket
TD 9490
Abstract
This document contains corrections to final and temporary regulations (TD 9490) that were published in the Federal Register on Wednesday, June 23, 2010 (75 FR 35643) affecting corporations filing consolidated returns under section 1502. These regulations contain rules regarding the implementation of section 172(b)(1)(H) within a consolidated group and also permit certain acquiring consolidated groups to elect to waive all or a portion of the pre-acquisition carryback period pursuant to section 172(b)(1)(H) for specific losses attributable to certain acquired members.