Unified Rule for Loss on Subsidiary Stock; Correction
other · IRS · Rule · Published 2010-03-05 · Effective 2010-03-05 · 75 FR 10172
Document
Document number
2010-4756
Federal Register citation
75 FR 10172
CFR reference
26 CFR 1
Type
Rule
Action
Correcting amendment.
Category
other
Sub-agency
IRS
Publication date
2010-03-05
Effective date
2010-03-05
Treasury docket
TD 9424
Abstract
This document contains a correction to final regulations (TD 9424) that were published in the Federal Register on Wednesday, September 17, 2008 (73 FR 53934). The regulations apply to corporations filing consolidated returns, and corporations that enter into certain tax-free reorganizations. The regulations provide rules for determining the tax consequences of a member's transfer (including by deconsolidation and worthlessness) of loss shares of subsidiary stock.