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Proposed Rule2023-24650

Recognition and Deferral of Section 987 Gain or Loss; Comment Period Reopening

Primary source

Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.

Published
November 14, 2023

Issuing agencies

Treasury DepartmentInternal Revenue Service

Abstract

The Department of the Treasury and the IRS are reopening the comment period for REG-128276-12, published in the Federal Register on December 8, 2016, relating to the determination and recognition of taxable income or loss and foreign currency gain or loss with respect to a qualified business unit.

Indexed from Federal Register on November 14, 2023.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.