other · IRS · Rule · Published 2012-09-13 · Effective 2012-09-13 · 77 FR 56533
Document
Document number
2012-22526
Federal Register citation
77 FR 56533
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
2012-09-13
Effective date
2012-09-13
Treasury docket
TD 9599
Abstract
This document contains final regulations that apply to determine when property is traded on an established market (that is, publicly traded) for purposes of determining the issue price of a debt instrument. The regulations amend the current regulations to clarify the circumstances that cause property to be publicly traded. The regulations also amend the current regulations for reopenings of debt instruments, potentially abusive situations, and the definition of qualified stated interest. The regulations provide guidance to issuers and holders of debt instruments.