1545-BP80 202304 Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Guidance Under Section 355 of the Internal Revenue Code

The rules will provide guidance relating to the requirements under section 355 of the Internal Revenue Code, including the active trade or business requirement and the prohibition on device for the distribution of earnings and profits.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage No No 26 CFR 1.355-2 26 CFR 1.355-3 26 U.S.C. 7805 26 U.S.C. 355(b)(3)(D) No NPRM 12/00/2023 REG-121484-19 (NPRM) Drafter attorney: Aglaia Ovtchinnikova (202) 317-6975 Reviewer attorney: Kelly Madigan (202) 317-6847 Treasury attorney: Colin Campbell (202) 622-2721 CC:CORP No None No No No 1545-BC94 Related to 1545-BN47 Related to Aglaia Ovtchinnikova Attorney 1545 Internal Revenue Service IRS 202 317-6975 aglaia.ovtchinnikova@irscounsel.treas.gov 1111 Constitution Avenue NW., Washington DC 20224