federal_register: E8-24926
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| E8-24926 | Section 1367 Regarding Open Account Debt | Rule | This document contains final regulations relating to the treatment of open account debt between S corporations and their shareholders. These final 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 regulations affect shareholders of S corporations and are necessary to provide guidance needed to comply with the applicable tax law. | 2008-10-20 | 2008 | 10 | https://www.federalregister.gov/documents/2008/10/20/E8-24926/section-1367-regarding-open-account-debt | https://www.govinfo.gov/content/pkg/FR-2008-10-20/pdf/E8-24926.pdf | Treasury Department; Internal Revenue Service | 497,254 | This document contains final regulations relating to the treatment of open account debt between S corporations and their shareholders. These final regulations provide rules regarding the definition of open account debt and the adjustments in basis of... | 1545-BD72 |