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GOP Lawmaker Questions IRS’s Final Debt-Equity Regulations

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CCH Tax Day Report A Republican lawmaker is joining GOP colleagues in voicing concerns over the package of regulations under Code Sec. 385 released late on October 13 (T.D. 9790, NPRM REG-130314-16; TAXDAY, 2016/10/14, I.9). The controversial regulations, proposed in April (NPRM REG-108060-15, I.R.B. 2016-17, 636; TAXDAY, 2016/04/05, I.5), are being questioned by GOP lawmakers […]

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