This document contains proposed regulations under section 355 of the Internal Revenue Code (Code). The proposed regulations would clarify the application of the device prohibition and the active business requirement of section 355. The proposed regulations would affect corporations that distribute the stock of controlled corporations, their shareholders, and their security holders.
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Guidance Under Section 355 Concerning Device and Active Trade or Business
This document contains proposed regulations under section 355 of the Internal Revenue Code (Code). The proposed regulations would clarify the application of the device prohibiti...
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81 FR 46004
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“Guidance Under Section 355 Concerning Device and Active Trade or Business,” thefederalregister.org (July 15, 2016), https://thefederalregister.org/documents/2016-16512/guidance-under-section-355-concerning-device-and-active-trade-or-business.