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Current Federal Tax Developments · Oct 15, 2026
Treasury Adopts Reproposed Section 357(c) Regulations: Resolving Intragroup Stock Basis Timing and Liability Mechanics Under Section 1.1502-80(d)
Tax Brief summary and classification of the original reporting.
Bottom Line
💡 Treasury Adopts Reproposed Section 357(c) Regulations: Resolving Intragroup S.... Worth reviewing for potential client impact.
Summary
Treasury Decision, Non-Applicability of Section 357(c) to Consolidated Groups, T.D. 10059, RIN 1545-BJ87, 91 Fed. Reg. 21253 (Oct. 16, 2026); codified at 26 C.F.R. § 1.1502-80(d)
Classification
Category: fyiPriority: importantReason: Contains 'treasury' - significant update
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All tax practitioners
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