T.D. 8546 - Limitations on Corporate Net Operating Loss

ICR 201411-1545-001

OMB: 1545-1381

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2014-12-08
IC Document Collections
IC ID
Document
Title
Status
18223
Modified
ICR Details
1545-1381 201411-1545-001
Historical Active 201110-1545-014
TREAS/IRS
T.D. 8546 - Limitations on Corporate Net Operating Loss
Extension without change of a currently approved collection   No
Regular
Approved without change 02/19/2015
Retrieve Notice of Action (NOA) 12/08/2014
  Inventory as of this Action Requested Previously Approved
02/28/2018 36 Months From Approved 02/28/2015
2,000 0 2,000
200 0 200
0 0 0

This document contains final income tax regulations providing rules for allocating net operating loss or taxable income, and net capital loss or gain, within the taxable year in which a loss corporation has an ownership change under section 382 of the Internal Revenue Code of 1986. These regulations permit the loss corporation to elect to allocate these amounts between the period ending on the change date and the period beginning on the day after the change date as if its books were closed on the change date.

US Code: 26 USC 383 Name of Law: Special limitations on certain excess credits, etc.
   US Code: 26 USC 6103 Name of Law: Confidentiality and disclosure of returns and return information
   US Code: 26 USC 382 Name of Law: Limitation on net operating loss carryforwards and certain built-in losses following ownership chang
  
None

Not associated with rulemaking

  79 FR 52809 09/04/2014
79 FR 79033 11/28/2014
No

1
IC Title Form No. Form Name
T.D. 8546 - Limitations on Corporate Net Operating Loss

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,000 2,000 0 0 0 0
Annual Time Burden (Hours) 200 200 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
No
No
No
Uncollected
PAUL ARENDS 2026224054 Paul.D.Arends@irscounsel.treas.gov

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
12/08/2014


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