{"database": "openregs", "table": "federal_register", "rows": [["E7-18987", "S Corporation Guidance Under AJCA of 2004 and GOZA of 2005", "Proposed Rule", "This document contains proposed regulations that provide guidance regarding certain changes made to the rules governing S corporations under the American Jobs Creation Act of 2004 and the Gulf Opportunity Zone Act of 2005. The proposed regulations are necessary to replace obsolete references in the current regulations and to allow taxpayers to make proper use of the provisions that made changes to prior law. In particular, the proposed regulations provide guidance on the S corporation family shareholder rules, the definitions of \"powers of appointment\" and \"potential current beneficiaries\" (PCBs) with regard to electing small business trusts (ESBTs), the allowance of suspended losses to the spouse or former spouse of an S corporation shareholder, and relief for inadvertently terminated or invalid qualified subchapter S subsidiary (QSub) elections. The proposed regulations will affect S corporations and their shareholders. This document also provides a notice of a public hearing on these proposed regulations.", "2007-09-28", 2007, 9, "https://www.federalregister.gov/documents/2007/09/28/E7-18987/s-corporation-guidance-under-ajca-of-2004-and-goza-of-2005", "https://www.govinfo.gov/content/pkg/FR-2007-09-28/pdf/E7-18987.pdf", "Treasury Department; Internal Revenue Service", "497,254", "This document contains proposed regulations that provide guidance regarding certain changes made to the rules governing S corporations under the American Jobs Creation Act of 2004 and the Gulf Opportunity Zone Act of 2005. The proposed regulations are...", null]], "columns": ["document_number", "title", "type", "abstract", "publication_date", "pub_year", "pub_month", "html_url", "pdf_url", "agency_names", "agency_ids", "excerpts", "regulation_id_numbers"], "primary_keys": ["document_number"], "primary_key_values": ["E7-18987"], "units": {}, "query_ms": 0.5321509961504489, "source": "Federal Register API & Regulations.gov API", "source_url": "https://www.federalregister.gov/developers/api/v1", "license": "Public Domain (U.S. Government data)", "license_url": "https://www.regulations.gov/faq"}