Department of the Treasury October 19, 2017 – Federal Register Recent Federal Regulation Documents
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Proposed Collection; Comment Request for Form 1024-A; Extension of Comment Period
This document extends the comment period for a notice and request for comments that was published in the Federal Register on Monday, August 28, 2017. The notice and request for comments relates to the Application for Recognition of Exemption Under Section 501(c)(4) of the Internal Revenue Code.
Treatment of Transactions in Which Federal Financial Assistance Is Provided
This document contains final regulations under section 597 of the Internal Revenue Code (Code). These final regulations amend existing regulations that address the federal income tax treatment of transactions in which federal financial assistance (FFA) is provided to banks and domestic building and loan associations, and they clarify the federal income tax consequences of those transactions to banks, domestic building and loan associations, and related parties. These regulations affect banks, domestic building and loan associations, and related parties.
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