# Application of Section 338 to Insurance Companies
> **IRS** · Final regulations and removal of temporary regulations. · Published 2008-01-23 · Effective 2008-01-23 · 73 FR 3868
## Document
- **Document number:** E8-729
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 73 FR 3868
- **CFR reference:** 26 CFR 1
- **Publication date:** 2008-01-23
- **Effective date:** 2008-01-23
- **Treasury docket:** TD 9377
## Abstract

This document contains final regulations under section 197 of the Internal Revenue Code (Code) that apply to a section 197 intangible resulting from an assumption reinsurance transaction, and under section 338 that apply to reserve increases after a deemed asset sale. The final regulations also provide guidance with respect to existing section 846(e) elections to use historical loss payment patterns. The final regulations apply to insurance companies.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2008/01/23/E8-729/application-of-section-338-to-insurance-companies)
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