Income Inclusion When Lessee Treated as Having Acquired Investment Credit Property; Correction

tax-irs · IRS · Rule · Published 2016-09-23 · Effective 2016-09-23 · 81 FR 65541

Document

Document number: 2016-22945
Federal Register citation: 81 FR 65541
CFR reference: 26 CFR 1
Type: Rule
Action: Temporary regulations; correcting amendment.
Category: tax-irs
Sub-agency: IRS
Publication date: 2016-09-23
Effective date: 2016-09-23
Treasury docket: TD 9776

Abstract

This document contains a correction to temporary regulations (TD 9776) that were published in the Federal Register on July 22, 2016 (81 FR 47701). The temporary regulations provide guidance regarding the income inclusion rules under section 50(d)(5) of the Internal Revenue Code (Code) that are applicable to a lessee of investment credit property when a lessor of such property elects to treat the lessee as having acquired the property.

Source

Authoritative: Federal Register document
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