Final regulations and removal of temporary regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2009-09-17
Effective date
2009-09-17
Treasury docket
TD 9461
Abstract
This document contains final regulations relating to information returns for cancellation of indebtedness by certain entities under section 6050P of the Internal Revenue Code. The final regulations will avoid premature information reporting from certain businesses and will reduce the number of information returns required to be filed. The final regulations will impact certain businesses required to file information returns under the existing regulations.