other · IRS · Rule · Published 2022-08-05 · Effective 2022-08-05 · 87 FR 47931
Document
Document number
2022-16271
Federal Register citation
87 FR 47931
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
other
Sub-agency
IRS
Publication date
2022-08-05
Effective date
2022-08-05
Treasury docket
TD 9963
Abstract
This document contains final regulations relating to the requirements for making a valid election to adjust the basis of partnership property in the case of a distribution of property by the partnership or a transfer of an interest in the partnership. These regulations affect partnerships and their partners by removing a regulatory burden in making an election to adjust the basis of partnership property.