Non-Applicability of Section 357(c) to Consolidated Groups
- Agencies
- Treasury Department, Internal Revenue Service
- Type
- Rule
- Published
- Document number
- 2026-21253
Read the full document on FederalRegister.gov PDF
Summary
This document contains final regulations clarifying that, in the case of certain transfers between members of a consolidated group, a transferee's assumption of certain liabilities will not reduce the transferor's basis in the transferee's stock received in the transfer. These final regulations affect consolidated groups and their members.
How it was scored
Democratic to Republican
Neutral, 53% confidence
Democratic
Republican
Economic left to right
Centrist, 48% confidence
Left
Right
Libertarian to authoritarian
Mixed, 76% confidence
Libertarian
Authoritarian
Scored by jev-1.13.0 on October 16, 2026. A reading describes what the action does, not who issued it, and is based on the summary. Scores are automated and can be wrong. How scoring works