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TREAS/IRS RIN: 1545-BB98 Publication ID: Fall 2003 
Title: Computation of Tax Attributes 
Abstract: The regulations clarify that, in the case of a transaction described in section 381(a) that ends a year in which a transfer or excludes COD income from gross income under section 108(a), any tax attributes to which the acquiring corporation succeeds under 381, including the basis of property which carry's over under section 362, shall reflect the reductions required by sections 108 and 1017. 
Agency: Department of the Treasury(TREAS)  Priority: Routine and Frequent 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 1   
Legal Authority: 26 USC 7805   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  07/18/2003  68 FR 42652   
Final Action  12/00/2006    
Additional Information: REG-113112-03 Drafting attorney: Theresa M. Kolish (202) 622-7930 Reviewing attorney: Steve Hankin (202) 622-7930 CC:CORP
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
Agency Contact:
Theresa M. Kolish
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 5405,
Washington, DC 20224
Phone:202 622-6163
Fax:202 622-7556
Email: theresa.m.kolish@irscounsel.treas.gov