Internal Revenue Service September 6, 2013 – Federal Register Recent Federal Regulation Documents

Modification of Treasury Regulations Pursuant to Section 939A of the Dodd-Frank Wall Street Reform and Consumer Protection Act
Document Number: 2013-21752
Type: Rule
Date: 2013-09-06
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains final regulations that remove any reference to, or requirement of reliance on, ``credit ratings'' in regulations under the Internal Revenue Code (Code) and provides substitute standards of credit-worthiness where appropriate. This action is required by the Dodd-Frank Wall Street Reform and Consumer Protection Act. These regulations affect persons subject to various provisions of the Code.
Research Expenditures
Document Number: 2013-21737
Type: Proposed Rule
Date: 2013-09-06
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document proposes regulations to amend the definition of research and experimental expenditures under section 174 of the Internal Revenue Code (Code). In particular, these proposed regulations provide guidance on the treatment of amounts paid or incurred in connection with the development of tangible property, including pilot models. The regulations will affect taxpayers engaged in research activities. This document also provides notice of a public hearing on these proposed regulations.