1545-BH35 201810 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS The Allocation of Consideration and Allocation and Recovery of Basis in Transactions Involving Corporate Stock or Securities

These final regulations provide guidance regarding the recovery of stock basis in distributions under section 301 and transactions that are treated as dividends to which section 301 applies, as well as guidance regarding the determination of gain and the basis of stock or securities received in exchange for, or with respect to, stock or securities in certain transactions.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Long-Term Actions No No Other 26 CFR 1.302-2 26 CFR 1.302-5 26 CFR 1.304-1 26 CFR 1.304-2 26 CFR 1.304-3 26 CFR 1.304-5 26 CFR 1.304-6 26 CFR 1.306-1 26 CFR 1.704-1 26 CFR 1.1371-1 26 CFR 1.1374-10 26 CFR 1.1502-13 26 CFR 1.1502-19 26 CFR 1.1502-32 26 U.S.C. 7805 26 U.S.C. 302 No NPRM 01/21/2009 74 FR 3509 NPRM Comment Period End 04/21/2009 Final Action 12/00/2019 REG-143686-07 (Final) Drafter attorney: Julie Wang (202) 317-6975 Reviewer attorney: Kevin Jacobs (202) 317-5024 Treasury attorney: Colin Campbell (202) 622-2297 CC:CORP No None No No No Julie Wang Senior Counsel 1545 Internal Revenue Service IRS 202 317-5145 julie.t.wang@irscounsel.treas.gov 1111 Constitution Avenue NW., Room 5140, Washington DC 20224