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Abandonment of Stock or Other Securities

tax-irs · IRS · Rule · Published 2008-03-12 · Effective 2008-03-12 · 73 FR 13124

Document

Document number
E8-4862
Federal Register citation
73 FR 13124
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2008-03-12
Effective date
2008-03-12
Treasury docket
TD 9386

Abstract

This document contains final regulations concerning the availability and character of a loss deduction under section 165 of the Internal Revenue Code (Code) for losses sustained from abandoned stock or other securities. The final regulations clarify the tax treatment of losses from abandoned securities, and affect any taxpayer claiming a deduction for a loss from abandoned securities after the date these regulations are published in the Federal Register.

Source

Authoritative
Federal Register document
Machine
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