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TREAS/IRS RIN: 1545-BO02 Publication ID: Spring 2020 
Title: Treatment of Certain Interests Between Members of an Expanded Group 
Abstract:

The final regulations would remove regulations set forth in 26 CFR 1.385-2 that relate to the threshold documentation requirements that ordinarily must be satisfied in order for certain related-party interests in a corporation to be treated as indebtedness for Federal tax purposes.

 
Agency: Department of the Treasury(TREAS)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Deregulatory 
CFR Citation: 26 CFR 1.385-1    26 CFR 1.385-2    26 CFR 1.385-3    26 CFR 1.1275-1   
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 385   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/24/2018  83 FR 48265   
NPRM Comment Period End  12/24/2018 
Final Action: TD 9880  11/04/2019  84 FR 59297   
Final Action Effective  11/04/2019 
Additional Information: REG-130244-17 (NPRM) Drafter attorney: Austin Diamond-Jones (202) 317-5363 Reviewer attorney: Filiz Serbes (202) 317-7700 Treasury attorney: Colin Campbell (202) 622-2297 CC:CORP
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
International Impacts: This regulatory action will be likely to have international trade and investment effects, or otherwise be of international interest.
RIN Data Printed in the FR: No 
Agency Contact:
Austin Diamond-Jones
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW.,
Washington, DC 20224
Phone:202 317-5363
Email: austin.m.diamond-jones@irscounsel.treas.gov