IRS Expands Guidance On Application Of Section 382 To Treasury's Purchase Of Financial Instruments

Mondaq Business BriefingUnited States Law Articles in English (2009)

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IRS Expands Guidance On Application Of Section 382 To Treasury's Purchase Of Financial Instruments

The IRS expands previous guidance to provide that any purchase

of financial instruments under the Emergency Economic Stabilization

Act of 2008 will not result in an ownership change under section

382.

In Notice 2008-100 issued on October 14, 2008, the Intern...

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