26 CFR 1
REG-153319-03
RIN 1545-BC74
SUMMARY: Temporary regulations in the Rules and Regulations section of this issue
of the Federal Register amend the Income Tax Regulations relating to section 1502.
The text of those regulations also serves as the text of these proposed regulations .
Internal Revenue Service, POB 7604 Ben Franklin Station, Washington, DC 20044.
Submissions may be hand delivered Monday through Friday between the hours of 8
taxpayers may submit comments electronically directly to the IRS Internet site at
www.irs.gov/regs.
submission of comments, La Nita Van Dyke at (202) 622-7180 (not toll-free numbers).
SUPPLEMENTARY INFORMATION:
Temporary regulations in the Rules and Regulations section of this issue of the
Federal Register amend 26 CFR part 1 relating to section 1502. The text of the
temporary regulations also serves as the text of these proposed regulations. The
Special Analysis
It has been determined that this notice of proposed rulemaking is not a significant
assessment is not required. Further, it is hereby certified that these regulations will not
certification is based on the fact that these regulations will primarily affect affiliated
groups of corporations that have elected to file consolidated returns, which tend to be
larger businesses. Moreover, the number of taxpayers affected and the average burden
Flexibility Act (5 U.S.C. chapter 6) is not required. Pursuant to section 7805(f) of the
Internal Revenue Code, this notice of proposed rulemaking will be submitted to the
Chief Counsel for Advocacy of the Small Business Administration for comment on its
consideration will be given to any written (a signed original and eight (8) copies) or
electronic comments that are submitted timely to the IRS. The IRS and Treasury
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Department specifically request comments on the clarity of the proposed rules and how
they may be made easier to understand. All comments will be available for public
any person that timely submits written comments. If a public hearing is scheduled,
notice of the date, time, and place for the hearing will be p ublished in the Federal
Register.
Drafting Information
of Associate Chief Counsel (Corporate). However, other personnel from the IRS and
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[The text of this proposed section is the same as the text of §1.1502-28T
Mark E. Matthews ,