Guidance Under Section 1502; Amendment of Matching Rule for Certain Gains on Member Stock; Correction
other · IRS · Rule · Published 2011-03-31 · Effective 2011-03-31 · 76 FR 17781
Document
Document number
2011-7506
Federal Register citation
76 FR 17781
CFR reference
26 CFR 1
Type
Rule
Action
Correcting amendment.
Category
other
Sub-agency
IRS
Publication date
2011-03-31
Effective date
2011-03-31
Treasury docket
TD 9515
Abstract
This document describes correcting amends to final and temporary regulations concerning the treatment of certain intercompany gain with respect to stock owned by members of a consolidated group. These regulations provide for the redetermination of intercompany gain as excluded from gross income in certain transactions involving stock transfers between members of a consolidated group. These errors were made when the agency published final and temporary regulations (TD 9515) in the Federal Register on Friday, March 4, 2011 (76 FR 11956).