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federal_register: 2017-28398

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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
2017-28398 Election Out of the Centralized Partnership Audit Regime Rule This document contains final regulations regarding the implementation of certain portions of section 1101 of the Bipartisan Budget Act of 2015 (BBA), which was enacted into law on November 2, 2015. Section 1101 of the BBA repeals the current rules governing partnership audits and replaces them with a new centralized partnership audit regime that, in general, assesses and collects tax at the partnership level. This document provides final regulations for electing out of the centralized partnership audit regime. The final regulations affect partnerships for taxable years beginning after December 31, 2017. 2018-01-02 2018 1 https://www.federalregister.gov/documents/2018/01/02/2017-28398/election-out-of-the-centralized-partnership-audit-regime https://www.govinfo.gov/content/pkg/FR-2018-01-02/pdf/2017-28398.pdf Treasury Department; Internal Revenue Service 497,254 This document contains final regulations regarding the implementation of certain portions of section 1101 of the Bipartisan Budget Act of 2015 (BBA), which was enacted into law on November 2, 2015. Section 1101 of the BBA repeals the current rules...  

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