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TREAS/IRS RIN: 1545-BM76 Publication ID: Fall 2016 
Title: Treatment of Deferred Revenue in Taxable Asset Sales 

This document contains proposed regulations under section 461(h) of the Internal Revenue Code that address the treatment of liabilities related to deferred revenue which are assumed by a buyer in a taxable asset sale.

Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 1.461-4   
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 461(h)(2)   
Legal Deadline:  None
Action Date FR Cite
Supplemental NPRM  09/01/2015  80 FR 52678   
Supplemental NPRM Comment Period End  11/02/2015 
Final Action  12/00/2016 
Additional Information: REG-115420-15 Drafting attorney: Jason Kristall (202) 317-4874 Reviewing attorney: Jeffrey Rodrick (202) 317-4732 Treasury attorney: CC:ITA
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Jason Kristall
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:855 576-2339