# Use of Controlled Corporations To Avoid the Application of Section 304
> **IRS** · Final regulations and removal of temporary regulations. · Published 2012-12-26 · Effective 2012-12-26 · 77 FR 75844
## Document
- **Document number:** 2012-30967
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 77 FR 75844
- **CFR reference:** 26 CFR 1
- **Publication date:** 2012-12-26
- **Effective date:** 2012-12-26
- **Treasury docket:** TD 9606
## Abstract

This document contains final regulations addressing sales of stock between related corporations. The regulations finalize proposed regulations and remove temporary regulations that apply to certain sales of stock that are recharacterized as contributions and redemptions, but that are structured with a principal purpose of redesignating the issuing corporation or the acquiring corporation. The regulations affect persons treated as receiving distributions in redemption of stock as a result of such transactions.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2012/12/26/2012-30967/use-of-controlled-corporations-to-avoid-the-application-of-section-304)
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