Disapproving the rule submitted by the Department of the Treasury and the Internal Revenue Service relating to documentation requirements for certain related-party interests in a corporation to be treated as indebtedness.
This joint resolution nullifies rules submitted by the Department of the Treasury and the Internal Revenue Service on October 21, 2016, relating to documentation requirements that must be satisfied for certain related-party interests in a corporation to be treated as indebtedness for federal tax purposes.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Administrative law and regulatory proceduresCongressional oversightCorporate finance and managementDepartment of the TreasuryInternal Revenue Service (IRS)SecuritiesTax administration and collection, taxpayers
Disapproving the rule submitted by the Department of the Treasury and the Internal Revenue Service relating to documentation requirements for certain related-party interests in a corporation to be treated as indebtedness.
USA115th CongressHJRES-54| House
| Updated: 1/31/2017
This joint resolution nullifies rules submitted by the Department of the Treasury and the Internal Revenue Service on October 21, 2016, relating to documentation requirements that must be satisfied for certain related-party interests in a corporation to be treated as indebtedness for federal tax purposes.
Administrative law and regulatory proceduresCongressional oversightCorporate finance and managementDepartment of the TreasuryInternal Revenue Service (IRS)SecuritiesTax administration and collection, taxpayers