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Treatment of Transactions in Which Federal Financial Assistance Is Provided

tax-irs · IRS · Rule · Published 2017-10-19 · Effective 2017-10-19 · 82 FR 48618

Document

Document number
2017-21129
Federal Register citation
82 FR 48618
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2017-10-19
Effective date
2017-10-19
Treasury docket
TD 9825

Abstract

This document contains final regulations under section 597 of the Internal Revenue Code (Code). These final regulations amend existing regulations that address the federal income tax treatment of transactions in which federal financial assistance (FFA) is provided to banks and domestic building and loan associations, and they clarify the federal income tax consequences of those transactions to banks, domestic building and loan associations, and related parties. These regulations affect banks, domestic building and loan associations, and related parties.

Source

Authoritative
Federal Register document
Machine
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