Internal Revenue Service March 4, 2011 – Federal Register Recent Federal Regulation Documents

Proposed Collection; Comment Request for Form 8609 and 8609-A
Document Number: 2011-4847
Type: Notice
Date: 2011-03-04
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
The Department of the Treasury, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on proposed and/or continuing information collections, as required by the Paperwork Reduction Act of 1995, Public Law 104-13 (44 U.S.C. 3506(c)(2)(A)). Currently, the IRS is soliciting comments concerning Form 8609 and 8609-A, Low-Income Housing Credit Allocation and Certification
Guidance Under Section 1502; Amendment of Matching Rule for Certain Gains on Member Stock
Document Number: 2011-4846
Type: Rule
Date: 2011-03-04
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final regulations concerning the treatment of certain intercompany gain with respect to stock owned by members of a consolidated group. These regulations provide for the redetermination of intercompany gain as excluded from gross income in certain transactions involving stock transfers between members of a consolidated group. The temporary regulations contained in this document are solely for the purpose of retaining the portion of the existing temporary regulations that were in the same temporary regulation section but that are not being promulgated as final regulations at this time. These regulations affect corporations filing consolidated returns.