Withdrawal of Proposed Regulations Relating to
Corporations Filing Consolidated Returns &
Proposed Regulations Relating to Collapsible Corporations

DEPARTMENT OF THE TREASURY 
Internal Revenue Service 26 CFR Part 1 [REG-100548-01] RIN 1545-AY72

TITLE: Withdrawal of Proposed Regulations Relating to Corporations
Filing Consolidated Returns and Proposed Regulations Relating to
Collapsible Corporations

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Withdrawal of notices of proposed rulemaking.

SUMMARY: This document withdraws two notices of proposed rulemaking,
one relating to corporations filing consolidated income tax returns
and the other relating to collapsible corporations. The proposed
regulations were published before the enactment of the Internal
Revenue Code of 1986, do not reflect changes to the tax law made
after their publication, and will not be finalized unless
reproposed.

DATES: These proposed regulations are withdrawn June 27, 2001.

FOR FURTHER INFORMATION CONTACT: Charles M. Whedbee (202) 622-7550
(not a toll-free call).

SUPPLEMENTARY INFORMATION:

Background

On July 31, 1984, the IRS issued proposed regulations (LR-97-79)
relating to corporations filing consolidated returns (49 FR 30528).
Portions of these proposed consolidated. return regulations were
withdrawn by subsequent notices of proposed rulemaking (CO-78-90 and
REG-103805-99) published in the Federal Register on February 4, 1991
(56 FR 4228) and September 26, 2000 (65 FR 57755).

On August 31, 1984, the IRS issued proposed regulations (LR-107-84)
relating to collapsible corporations (49 FR 34523).

The IRS is withdrawing these proposed regulations because of
intervening amendments to the Internal Revenue Code and because
these regulations projects will not be undertaken in the foreseeable
future (or if undertaken, the regulations will be reproposed).

Drafting Information

The principal author of this withdrawal notice is Charles M. Whedbee
of the Office of the Associate Chief Counsel (Corporate). However,
other personnel from the IRS and Treasury participated in its
development.

List of Subjects in 26 CFR Part 1

Income taxes, Reporting and record keeping requirement.

Withdrawal of Notices of Proposed Rulemaking Accordingly, under the
authority of 26 U.S.C. 7805, the notices of proposed rulemaking
published in the Federal Register on July 31, 1984 (49 FR 30528) and
August 31, 1984 (49 FR 34523) are withdrawn.

Robert E. Wenzel
Deputy Commissioner of Internal Revenue

SEARCH:

You can search the entire Tax Professionals section, or all of Uncle Fed's Tax*Board. For a more focused search, put your search word(s) in quotes.

2001 Regulations Main | IRS Regulations Main | Home