Built-in Gains and Losses Under Section 382(h); Correction
other · IRS · Rule · Published 2007-08-01 · Effective 2007-08-01 · 72 FR 41891
Document
Document number
E7-14797
Federal Register citation
72 FR 41891
CFR reference
26 CFR 1
Type
Rule
Action
Correcting amendments.
Category
other
Sub-agency
IRS
Publication date
2007-08-01
Effective date
2007-08-01
Treasury docket
TD 9330
Abstract
This document contains corrections to temporary regulations (TD 9330) that were published in the Federal Register on Thursday, June 14, 2007 (72 FR 32792) applying to corporations that have undergone ownership changes within the meaning of section 382. These regulations provide guidance regarding the treatment of prepaid income under the built-in gain provisions of section 382(h).