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TREAS/IRS RIN: 1545-BE77 Publication ID: Fall 2010 
Title: Start-Up and Organizational Expenditures 
Abstract: The proposed regulations implement the changes to sections 195, 248, and 709 of the Internal Revenue Code, made by section 902 of the American Jobs Creation Act of 2004 (Pub. L. No. 108-357). Under the Act, a corporate taxpayer may elect to deduct up to $5000 of start-up expenditures and $5000 of organizational expenditures in the taxable year in which the trade or business begins. The remainder of the start-up or organizational expenditures are allowed as deductions ratably over the 180-month period beginning with the month the corporation begins business. Similar rules are provided for organizational and syndication fees for partnerships. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 1   
Legal Authority: 26 USC 195    26 USC 248    26 USC 709    26 USC 7805   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/08/2008  73 FR 38940   
NPRM Comment Period End  10/06/2008    
Final Action  06/00/2011    
Additional Information: REG-164965-04 Drafting attorney: R. Matthew Kelley (202) 622-7900 CC: ITA
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
R. Matthew Kelley
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 4040,
Washington, DC 20224
Phone:202 622-7900
Fax:202 622-0235
Email: r.matthew.kelley@irscounsel.treas.gov