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TREAS/IRS RIN: 1545-BN07 Publication ID: Fall 2017 
Title: Deemed Distributions Under Section 305(c) of Stock and Rights to Acquire Stock 
Abstract:

Provide guidance on the amount and timing of distributions under sections 305(c) and 305(b), and to clarify that deemed distributions caused by changes in conversion ratios are considered a distribution of additional rights to acquire the underlying stock, and not a distribution of the underlying stock itself.  Guidance may separately be provided to withholding agents regarding their withholding obligations, and on information reporting for such distributions under sections 860G, 861, 1441, 1461, 1471, 1473, and 6045(B).  

 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Long-Term Actions 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: None     (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 26 U.S.C. 7805   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  04/13/2016  81 FR 21795   
NPRM Comment Period End  07/12/2016 
Final Action  12/00/2018 
Additional Information: REG-133673-15 (NPRM) Drafting attorney: Maurice LaBrie (202) 317-6848 Reviewer attorney: Lisa Fuller (202) 317-5363 Treasury attorney: Brett York (202) 622-1285 CORP
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Maurice LaBrie
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-6848