federal_register: E7-6764
Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API
This data as json
| document_number | title | type | abstract | publication_date | pub_year | pub_month | html_url | pdf_url | agency_names | agency_ids | excerpts | regulation_id_numbers |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| E7-6764 | Section 1367 Regarding Open Account Debt | Proposed Rule | This document proposes amendments to the regulations relating to the treatment of open account debt between S corporations and their shareholders. These proposed regulations provide rules regarding the definition of open account debt and the adjustments in basis of any indebtedness of an S corporation to a shareholder under section 1367(b)(2) of the Internal Revenue Code (Code) for shareholder advances and repayments on advances of open account debt. The proposed regulations affect shareholders of S corporations and are necessary to provide guidance needed to comply with the applicable tax law. This document also provides notice of a public hearing. | 2007-04-12 | 2007 | 4 | https://www.federalregister.gov/documents/2007/04/12/E7-6764/section-1367-regarding-open-account-debt | https://www.govinfo.gov/content/pkg/FR-2007-04-12/pdf/E7-6764.pdf | Treasury Department; Internal Revenue Service | 497,254 | This document proposes amendments to the regulations relating to the treatment of open account debt between S corporations and their shareholders. These proposed regulations provide rules regarding the definition of open account debt and the... |