التفاصيل البيبلوغرافية
| العنوان: |
Part III: Forthcoming Guidance Regarding Certain Partnership Related-Party Transactions. |
| المصدر: |
Internal Revenue Bulletin; 7/8/2024, Vol. 2024 Issue 28, p24-31, 8p |
| مصطلحات موضوعية: |
RELATED party transactions, INTERNAL revenue law |
| الشركة/الكيان: |
UNITED States. Internal Revenue Service, UNITED States. Dept. of the Treasury |
| مستخلص: |
The Internal Revenue Bulletin has announced that the Department of the Treasury and the IRS will release two sets of proposed regulations addressing certain basis-shifting transactions involving partnerships and related parties. These regulations will provide rules for recovering adjustments to the basis of property held by a partnership and determining gain or loss on the disposition of basis-adjusted property. The regulations will also cover transactions involving tax-indifferent parties. The notice also discusses exceptions to the 10 percent additional tax under section 72(t) of the Internal Revenue Code, including emergency personal expense distributions and domestic abuse victim distributions, which were added by the SECURE 2.0 Act of 2022. The Treasury Department and the IRS are seeking public comments on section 72(t) for future regulations. [Extracted from the article] |
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| قاعدة البيانات: |
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