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GOP Effort to Repeal Debt-Equity Regulations Met with Disapproval by Ways and Means Democrats

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CCH Tax Day Report House Ways and Means Committee Democrats on February 8 sent a letter to colleagues urging against a GOP lawmaker’s effort to undo controversial Code Sec. 385 debt-equity regulations (T.D. 9790, I.R.B. 2016-45, 540; NPRM REG-130314-16, I.R.B. 2016-45, 718; TAXDAY, 2016/10/14. I.9). The letter, authored by Ways and Means ranking member Richard […]

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