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federal_register: 2014-14325

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2014-14325 Addendum to the Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure Notice The Agencies are issuing jointly an Addendum (Addendum) to the "Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure" to ensure that insured depository institutions (IDIs) in a consolidated group maintain an appropriate relationship regarding the payment of taxes and treatment of tax refunds. The Addendum instructs IDIs and their holding companies to review and revise their tax allocation agreements to ensure that the agreements expressly acknowledge that the holding company receives a tax refund from a taxing authority as agent for the IDI and are consistent with certain of the requirements of sections 23A and 23B of the Federal Reserve Act. The Addendum includes a sample paragraph that IDIs could include in their tax allocation agreements to facilitate the Agencies' instructions. 2014-06-19 2014 6 https://www.federalregister.gov/documents/2014/06/19/2014-14325/addendum-to-the-interagency-policy-statement-on-income-tax-allocation-in-a-holding-company-structure https://www.govinfo.gov/content/pkg/FR-2014-06-19/pdf/2014-14325.pdf Treasury Department; Comptroller of the Currency; Federal Reserve System; Federal Deposit Insurance Corporation 497,80,188,164 The Agencies are issuing jointly an Addendum (Addendum) to the "Interagency Policy Statement on Income Tax Allocation in a Holding Company Structure" to ensure that insured depository institutions (IDIs) in a consolidated group maintain an appropriate...  

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