Internal Revenue Service December 22, 2011 – Federal Register Recent Federal Regulation Documents

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.