other · IRS · Rule · Published 2011-01-07 · Effective 2011-01-07 · 76 FR 1063
Document
Document number
2011-86
Federal Register citation
76 FR 1063
CFR reference
26 CFR 1
Type
Rule
Action
Final regulation.
Category
other
Sub-agency
IRS
Publication date
2011-01-07
Effective date
2011-01-07
Treasury docket
TD 9513
Abstract
This document contains final regulations relating to the modification of debt instruments. The regulations clarify the extent to which the deterioration in the financial condition of the issuer is taken into account to determine whether a modified debt instrument will be recharacterized as an instrument or property right that is not debt. The regulations provide needed guidance to issuers and holders of debt instruments.