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TREAS/IRS RIN: 1545-BQ07 Publication ID: Fall 2023 
Title: Additional Guidance for Reporting and Transfer for Value Rules Relating to Life Insurance Transactions 
Abstract:

The final regulations will provide additional guidance on transfers for value and reportable policy sales of interests in life insurance contracts and payments of reportable death benefits. 

 
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 1.101-1    26 CFR 1.101-6    26 CFR 1.6050Y-1    26 CFR 1.6050Y-2    26 CFR 1.6050Y-3    26 CFR 1.6050Y-4   
Legal Authority: 26 U.S.C. 7805    26 U.S.C. 6050Y   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  05/10/2023  88 FR 30058   
NPRM Comment Period End  07/10/2023 
Final Action  03/00/2024 
Additional Information: REG-108054-21 (Final) Drafter attorney: Allan Sakaue, (202) 317-6995 Reviewer attorney: Kathryn Sneade, (202) 317-6995 Treasury attorney: Angela Walitt, (202) 622-1787 CC:FIP
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:
Allan H. Sakaue
Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW, Room 3547,
Washington, DC 20224
Phone:202 317-6995
Fax:855 547-9026
Email: allan.h.sakaue@irscounsel.treas.gov