Department of the Treasury January 2, 2018 – Federal Register Recent Federal Regulation Documents

Election Out of the Centralized Partnership Audit Regime
Document Number: 2017-28398
Type: Rule
Date: 2018-01-02
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
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.
Proposed Information Collections; Comment Request (No. 67)
Document Number: 2017-28024
Type: Notice
Date: 2018-01-02
Agency: Alcohol and Tobacco Tax and Trade Bureau, Department of Treasury, Department of the Treasury
As part of our continuing effort to reduce paperwork and respondent burden, and as required by the Paperwork Reduction Act of 1995, the Alcohol and Tobacco Tax and Trade Bureau (TTB) invites comments on the proposed or continuing information collections listed below in this document.