1545-BL11 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Deferral of Section 987 Gain and Loss

This proposed guidance will be released in conjunction with final and temporary regulations under section 987 and discusses the recognition and deferral of certain section 987 gain or loss.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Long-Term Actions No No Other 26 CFR 1.987-1 (revised) 26 CFR 1.987-2 (new) 26 CFR 1.987-3 (revised) 26 CFR 1.987-4 (revised) 25 CFR 1.987-6 (revised) 26 CFR 1.987-7 (revised) 26 CFR-1.987-8 (revised) 26 CFR 1.987-12 (new) 26 CFR-1.987-13 (new) 26 U.S.C. 7805 26 U.S.C. 0987 26 U.S.C. 0989(c) No NPRM 12/08/2016 81 FR 88882 NPRM Comment Period End 03/08/2017 Final Action 12/00/2019 REG-128276-12 Drafting attorney: Anthony J. Marra (202) 317-6938 Reviewing attorney: Steven D. Jenson (202) 317-6938 Treasury attorney: Brian Jenn (202) 622-5967 CC:INTL No No None No No No No 1545-AM12 Related to 1545-BL12 Related to Anthony Marra J. Attorney 1545 Internal Revenue Service IRS 202 317-6938 anthony.j.marra@irscounsel.treas.gov 1111 Constitution Avenue NW., Washington DC 20224