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TREAS/IRS RIN: 1545-BI18 Publication ID: Fall 2016 
Title: Transactions Involving the Transfer of No Net Value 
Abstract: The proposed regulations will be a reproposal of part of NPRM REG-163314-03 that was issued on March 10, 2005, at 70 FR 11903. The new proposed regulations will provide guidance on corporate formations, reorganizations, and liquidations of insolvent corporations. The new proposed regulations will provide rules requiring the exchange (or, in the case of section 332, a distribution) of net value for the nonrecognition rules of subchapter C to apply in a manner that is more feasible to comply with and to enforce than the original proposal. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: No  Unfunded Mandates: Undetermined 
CFR Citation: 26 CFR 1   
Legal Authority: 26 U.S.C. 351    26 U.S.C. 7805   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/00/2017 
Additional Information: REG-139633-08 Drafting attorneys: Jean R. Broderick (202) 622-4732, Douglas C. Bates (202) 622-7550 Reviewing attorney: Lisa A. Fuller (202) 622-7550 CC: CORP
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 1545-BC88 
Agency Contact:
Jean R. Broderick
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 5431,
Washington, DC 20224
Phone:202 317-6848
Email: jean.r.broderick@irscounsel.treas.gov

Douglas C. Bates
Branch Chief
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 5407,
Washington, DC 20224
Phone:202 317-5024
Fax:855 561-0924
Email: douglas.c.bates@irscounsel.treas.gov