Department of Treasury December 22, 2011 – Federal Register Recent Federal Regulation Documents

Community Reinvestment Act Regulations
Document Number: 2011-32727
Type: Rule
Date: 2011-12-22
Agency: Federal Deposit Insurance Corporation, Agencies and Commissions, Federal Reserve System, Office of the Comptroller of the Currency, Department of Treasury, Department of the Treasury
The OCC, the Board, and the FDIC (collectively, the ``agencies'') are amending their Community Reinvestment Act (CRA) regulations to adjust the asset-size thresholds used to define ``small bank'' or ``small savings association'' and ``intermediate small bank'' or ``intermediate small savings association.'' As required by the CRA regulations, the adjustment to the threshold amount is based on the annual percentage change in the Consumer Price Index.
Section 482: Methods To Determine Taxable Income in Connection With a Cost Sharing Arrangement
Document Number: 2011-32458
Type: Rule
Date: 2011-12-22
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final regulations regarding methods to determine taxable income in connection with a cost sharing arrangement under section 482 of the Internal Revenue Code (Code). The final regulations address issues that have arisen in administering the current cost sharing regulations. The final regulations affect domestic and foreign entities that enter into cost sharing arrangements described in the final regulations.