Guidance Under Section 355 Concerning Device and Active Trade or Business; Partial Withdrawal
- Agencies
- Treasury Department, Internal Revenue Service
- Type
- Proposed Rule
- Published
- Document number
- 2026-21568
Read the full document on FederalRegister.gov PDF
Summary
This document partially withdraws a notice of proposed rulemaking containing proposed regulations regarding the application of the device prohibition and the active trade or business requirement for distributions of controlled corporation stock (or stock and securities) by a distributing corporation without income, gain, or loss. The proposed regulations would affect corporations and their shareholders and security holders.
How it was scored
Scored by jev-1.13.0 on October 21, 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