1545-BR92 202510 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1545 Internal Revenue Service IRS 1500 Department of the Treasury TREAS Revision of the Business Interest Limitation Regulations under IRC 163(j)

This NPRM will revise the IRC section 163(j) regulations concerning the limitation of business interest deductions pursuant to recent legislation enacted as the One, Big Beautiful Bill Act, Pub. L. 119-21 sections 70303, 70341, and 70342.

]]> Substantive, Nonsignificant First Time Published in The Unified Agenda Proposed Rule Stage Undetermined Undetermined Other 26 CFR 1.163(j)-1 26 CFR 1.163(j)-2 26 CFR 1.163(j)-3 26 CFR 1.163(j)-7 26 CFR 1.163(j)-8 ... Pub. L. 119-21 Sections: 70303, 70341, 70342 26 CFR 1.163(j)-1 26 CFR 1.163(j)-2 26 CFR 1.163(j)-3 26 CFR 1.163(j)-7 26 CFR 1.163(j)-8 26. U.S.C. 7805 ... No NPRM 11/00/2026 REG-114598-25 Drafting attorney: Elizabeth Choi, (202) 317-4863 Reviewing attorney: Justin Grill, (202) 317-4850 Treasury attorney: Jonathan LaPlante, (202) 705-5035, Heather Harman, (202) 622-2623, Daniel Penrith, (202) 679-2039 CC: ITA No No None No No No Yes Justin Grill Attorney 1545 Internal Revenue Service IRS 202 317-4850 855 576-2335 justin.r.grill@irscounsel.treas.gov 1111 Constitution Avenue NW, Washington DC 20224