# Acquisition of an S Corporation by a Member of a Consolidated Group
> **IRS** · Final regulations. · Published 1999-11-10 · 64 FR 61205
## Document
- **Document number:** 99-29085
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 64 FR 61205
- **CFR reference:** 26 CFR 1
- **Publication date:** 1999-11-10
- **Treasury docket:** TD 8842
## Abstract

This document contains final regulations under section 1502 of the Internal Revenue Code. These final regulations provide specific rules that apply to the acquisition of the stock of an S corporation by a member of a consolidated group. These rules eliminate the compliance burdens associated with filing a separate return for the day that an S corporation is acquired by a consolidated group. Additionally, the regulations clarify the rule for the filing of the separate return for a corporation's items for the period not included in the consolidated return.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/1999/11/10/99-29085/acquisition-of-an-s-corporation-by-a-member-of-a-consolidated-group)
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