1545-BO67 201804 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Rules for Denial of Deduction for Certain Fines, Penalties, and Other Amounts

Revising 1.162-21 regarding deductibility of certain fines, penalties, and other amounts under 162(f), as revised by the Tax Cuts and Jobs Act of 2017. Adding 1.6050X regarding information reporting with respect to certain fines, penalties, and other amounts under 6050X, as added by the Tax Cuts and Jobs Act of 2017.

]]> Other Significant First Time Published in The Unified Agenda Proposed Rule Stage No No Other 26 CFR 1.162-21 26 CFR 1.6050X 26 U.S.C. 7805 26 U.S.C. 162(f) 26 U.S.C. 6050X No NPRM 12/00/2018 REG-104591-18 (NPRM) Drafter attorney: Christopher Wrobel (202) 317-4612 Reviewer attorney: Ronald J. Goldstein (202) 317-4887 Treasury attorney: Rochelle L. Hodes (202) 622-1787 CC:ITA No No Federal State Tribal No No No Yes Christopher Wrobel Attorney 1545 Internal Revenue Service IRS 202 317-4612 855 576-2336 christopher.wrobel@irscounsel.treas.gov 1111 Constitution Avenue NW., Room 4043, Washington DC 20024