other · IRS · Rule · Published 2007-07-18 · Effective 2007-07-18 · 72 FR 39313
Document
Document number
E7-13839
Federal Register citation
72 FR 39313
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations and removal of temporary regulations.
Category
other
Sub-agency
IRS
Publication date
2007-07-18
Effective date
2007-07-18
Treasury docket
TD 9341
Abstract
This document contains final regulations under section 1502. Section 1.1502-19(d) governs basis determinations and adjustments of subsidiary stock in certain transactions involving members of a consolidated group. Section 1.1502-80(c) governs the determination of when subsidiary stock is treated as worthless under section 165. These final regulations affect affiliated groups of corporations filing consolidated returns.