# Application of Section 108(i) to Partnerships and S Corporations
> **IRS** · Final regulations and removal of temporary regulations. · Published 2013-07-03 · Effective 2013-07-02 · 78 FR 39973
## Document
- **Document number:** 2013-15885
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 78 FR 39973
- **CFR reference:** 26 CFR 1
- **Publication date:** 2013-07-03
- **Effective date:** 2013-07-02
- **Treasury docket:** TD 9623
## Abstract

This document contains final regulations relating to the application of section 108(i) of the Internal Revenue Code (Code) to partnerships and S corporations and provides rules regarding the deferral of discharge of indebtedness income and original issue discount deductions by a partnership or an S corporation with respect to reacquisitions of applicable debt instruments after December 31, 2008, and before January 1, 2011. The regulations affect partnerships and S corporations with respect to reacquisitions of applicable debt instruments and their partners and shareholders.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2013/07/03/2013-15885/application-of-section-108i-to-partnerships-and-s-corporations)
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